Case Study: Sage Realty achieves faster leasing and better portfolio insights with VTS

Sage Realty cuts tour-to-lease time by 19% with VTS

Sage Realty Corporation, the leasing and management arm of a New York real estate company, faced significant challenges in managing its three million square foot office portfolio. Their leasing process was inefficient, relying on scattered documents and spreadsheets that made it difficult to track deals and portfolio performance. This lack of a centralized system also prevented them from easily providing accurate data reports to their limited partners. They turned to the VTS platform to transform their approach.

By implementing VTS, Sage Realty centralized its data and gained full visibility into its leasing pipeline. The VTS platform provided real-time updates and actionable insights, enabling the team to make faster decisions and identify the most profitable offerings. This transformation resulted in a 19% reduction in the average days from tour to executed lease and a 59% increase in deal conversion rate. VTS also gave executives immediate access to data for reporting to limited partners, with over 1,900 reports instantly generated.

Sage Realty