Real Estate and Property Awards 2021

Real Estate and Property Awards 2021 BUILD 13 Sep21392 enantBase is a tenant-first turnkey solution for the commercial leasing process, where users can identify options, arrange property tours, and negotiate deals. It combines a technology platform with local brokerage services, enabling a supportive and seamless leasing process for tenants, so they can focus on their company’s growth. In designing the online marketplace, TenantBase built a commercial real estate platform to revolutionize the leasing process by connecting tenants looking for space with brokers needing to fill space. It’s the first platform custom designed with the need of the tenant in mind, eliminating the typical barriers tenants run into when searching for space. As such, tenants are empowered to own their space search experience while being supported by technology and local broker expertise to ensure they find a space they love, at a price that’s right and meets their timeline. The TenantBase experience gives tenants more control and visibility into the leasing process, and creates a fast-moving environment for all participants. The data gained from thousands of companies and transactions reveals a dramatic reduction in the “search-to-signing” process for landlords and commercial brokers alike. Historically, small- and mid-sized businesses have been underserved by the traditional brokerage process. These companies expect a modern customer experience using tools similar to what is available to apartment seekers and home buyers. Due to the complexity of negotiating commercial leases, it’s critically important that tenants have an experienced broker representing them throughout the leasing process. TenantBase provides this type of customer an experience that is complemented by experienced brokers. And the company maintained its service even through the COVID-19 pandemic, while many other businesses reduced or ceased operations. The category of essential businesses that needed to rapidly expand production and distribute products typically needed a warehouse or flex space and were operating on very tight deadlines – The TenantBase platform was a tremendous resource, as companies could begin their space search online, determine a list of operations and coordinate with their TenantBase partner broker for virtual touring of properties or physical tours while socially distanced. Since the average time to complete a transaction from sign up to lease execution is less than 60 days, the platform is perfectly suited to help essential businesses operating on tight timelines. This experience is exemplified in the following TrustPilot review from a company relocating from Ireland to the U.S.: “We were setting up a new office in Dallas, from abroad, right in the middle of the COVID-19 challenges. Easy, right! Well, actually yes. Drew and TenantBase made it easy. They took the time to understand us as a client, provided us with credible options, and guided and advised us through the whole process. They went above and beyond on small details which we really needed… and thoroughly appreciated. We owe you a Guinness!” Indeed, tenants are raving about TenantBase’s quality, personalised service, as shown by its overall TrustPilot five- star rating with over 700 reviews. TenantBase is especially proud of the role it has played in helping its clients and other essential businesses provide products to other businesses and consumers, as well as helping those businesses expand operations that resulted in new job opportunities during what was a difficult time. Not only does high praise come from clients, but TenantBase and its top executives have been singled out numerous times for award recognitions this year, ranking in the top-third of the prestigious Inc. 5000 List, being named the “Overall Commercial Marketplace of the Year” in the PropTech Breakthrough Awards, and earning the “Most Innovative Commercial Real Estate Platform” in New World Report’s Software & Technology Awards. And TenantBase co-founders Bennett Washabaugh (CEO) and Mike Zei (COO) were both named in GlobeSt.com’s Fifty under 40 List. The company is now poised for continued expansion both domestically and internationally. After expanding into 30 new markets of varied sizes in the first half of 2021, TenantBase is developing plans to operate in all major cities in the United States, and has received inquiries regarding expanding the platform into other countries. TenantBase is also increasing the expertise needed to facilitate this type of growth as evidenced by the addition of commercial real estate industry veteran Jim Underhill as executive chairman, who formerly led Cresa’s global operations for five years, as well as executive positions at Cushman & Wakefield and Staubach. Company: TenantBase Email: [email protected] Website: www.tenantbase.com T Best Commercial Real Estate Marketplace – USA TenantBase is a proptech company that created an online commercial real estate marketplace which provides tenants with a radically improved leasing experience, while helping property owners and commercial brokers connect and close more transactions.