Case Study: Physicians Realty Trust cuts deal cycles 39% and gains instant, accurate reporting with VTS

Managing the Leasing and Reporting Process at Scale with VTS

Physicians Realty Trust (NYSE: DOC) is a publicly traded REIT with a 14 million sq ft portfolio of 250 medical office buildings across 30 states and a 96% occupancy rate. Rapid growth since its 2013 IPO exposed inefficiencies: leasing was managed with multiple spreadsheets and inconsistent broker reports, approvals were slow and manual, and investor reporting was time-consuming and error-prone.

By centralizing leasing and asset management on VTS, Physicians Realty streamlined communications and reporting—producing 4.6K+ instant reports—and gained visibility into every deal. The platform cut average days from tour to executed lease by 39% and approval time by 25%, improved reporting accuracy, and freed the team to close deals faster and focus on portfolio performance.

Physicians Realty Trust

Mark Theine

Executive Vice President, Asset and Investment Management