Case Study: MRP Realty achieves 46% faster lease execution with VTS

Staying at the Cutting-Edge of Real Estate with VTS

MRP Realty is a vertically integrated owner, developer and operator of office, industrial and residential real estate headquartered in Washington, D.C. with a 6.3M SF portfolio across D.C., New York and Philadelphia. The firm relied on Excel and ad-hoc broker updates, which left deal history untracked, reporting inconsistent and time-consuming, and slowed decision-making and deal velocity.

MRP implemented VTS Core to centralize leasing activity, standardize reporting and provide real-time deal visibility via web and mobile. As a result, brokers enter updates as they happen, reports are generated instantly (3K reports to date), staff save roughly 3–4 hours per week each, and average days from proposal to executed lease fell 46% — from 170 to 93 days — enabling faster sign-offs and more time for growth-focused work.

MRP Realty

John Dalton

Vice President of Acquisitions and Investments