Recent News


Buildout, TenantBase Forge Syndication Partnership

Chicago-based Buildout recently launched a new integration with TenantBase, the tech-enabled CRE brokerage that helps startups and small businesses find and lease space. By syndicating their office, industrial, and retail listings with TenantBase, Buildout users can connect with a high volume of qualified tenants without losing the structure and control brought by an experienced tenant rep broker, the two companies said.

“We’re excited to bring a powerful tenant-rep platform like TenantBase into our partner network,” said Alan Spadoni, Buildout’s director of engineering. “Now, our users can connect with a new group of clients they might not have had access to before.”

At TenantBase, CEO Bennett Washabaugh said, “Many of our tenants are working on tight schedules, so we expect our integration with Buildout to greatly accelerate the leasing process for all stakeholders.”

TenantBase Opts for New Dallas Headquarters

JLL’s Trevor Franke and Andrew Scudder represented the owners of Northwood Tower in Dallas, RTG Capital and Gault Company, in their lease to technology-enabled office brokerage firm TenantBase. The 5,204-square-foot space will serve as the company’s Dallas headquarters.

TenantBase’s Shawn Hall and Brad Beutel represented the tenant. “Dallas is one of our largest offices and very strategic to our national footprint across the country,” said TenantBase’s Mike Zei. “As North Texas continues to grow, it was imperative that our next office be north to extend our market knowledge to the new opportunities of commercial real estate product for our tenant rep clients.

“Northwood Tower not only overlooks the new Midtown Development, but it also provides easier access to the growing commercial market north of the Dallas Central Business District,” Zei continued. “The building’s updates, location and amenities make it a compelling option for our clients looking to lease office space.”

TenantBase welcomes Kevin Salmon as Vice President

TenantBase is proud to announce the addition of Kevin Salmon to our Dallas brokerage team. Salmon will bring over two decades of commercial real estate experience to TenantBase’s tech-driven model where he will represent and advise clients on lease and purchase transactions.

“I’m thrilled to be joining TenantBase and making Dallas my new home. I saw an opportunity to be part of a new way of transacting commercial real estate - one that relies on technology and data in a way largely unseen in the industry today.”

Prior to joining TenantBase Salmon founded Khizer Property Advisors and managed the investment sales company for over ten years. Under his leadership the company closed in excess of $1 billion in sales and lease transactions on behalf of clients.

CEO & COO go on The FORT with Chris Powers

In this episode of The FORT Podcast, Chris is sitting down with Bennett Washabaugh (CEO / Co-Founder) and Mike Zei (COO / Co-Founder) of TenantBase. TenantBase’s team has come together from the commercial real estate and technology industries for a single purpose—helping clients find a home for their startup or small business. Their free online service allows business owners to be paired with local brokers to find the best deal for office needs. Chris, Bennett, and Mike discuss the journey of their hypergrowth company, trying to solve every problem at once, raising capital, and determining roles to find the best path to success.

Tad Wood talks on Nashville office rentals among highest in the country

“In the last five to six years, the rent downtown has just exploded,” said Tad Wood, a broker for TenantBase, a company that places businesses in office spaces around Nashville.

Wood said the growth of business in the downtown district has grown significantly.

“Downtown now is so many different segments,” said Wood. “That’s where Amazon is coming, there’s the SoBro district, there’s Church Street, and they all have different flavors. As you go down to where Amazon is coming, you can see it on the horizon, so people are already signing up and getting in line to be in these spaces that won’t be online for another year to year and a half.”

Nashville’s growth is impossible to deny, and experts say it’s just starting.

This service is revolutionizing how Dallas small business owners set up shop

“TenantBase helps its clients solve a difficult problem,” says TenantBase Dallas regional director Brady Evans. “Many decision-makers have never leased space for their company, and our hundreds of client reviews speak to the service we provide and the challenges we eliminate for our clients.”

What started with five advisors in 2017 has grown to 20 advisors in 2019, which includes opening an office in Fort Worth.

The company’s proprietary software streamlines not only the office-search process, but also lease negotiations so that you don’t have to waste any time while still ensuring you get the best deal for your business. And the TenantBase team is always there to assist in any way they can.

Bennett Washabaugh and Brents Herron win Next Generation Awards

At age 31, Bennett Washabaugh is a pioneer in the proptech space. He’s founder and CEO of TenantBase, and has led it from a small startup to becoming arguably the largest tech-enabled brokerage in the U.S.
The Santa Monica, CA-based company was founded on the premise that smaller businesses have historically been underserved by traditional brokerage firms. These companies expect a modern experience with tools similar to what is available to apartment seekers and home buyers.
This vision has translated into impressive growth. Within the past year, the company has grown from a 30-person operation in three markets to more than 120 employees across 10 major markets.
This was made possible by Washabaugh’s ability to clearly articulate the company’s mission and the value of each team member’s contribution. TenantBase has been able to recruit experienced brokers who also recognize that the leasing landscape is changing, along with product and operational talent.
Brents Herron is a service-minded leader that is genuine in his goal to help his clients and colleagues succeed. As the regional director for the Southeast at TenantBase in Nashville, Herron is responsible for growing business in the region by overseeing the service, delivery, sales process, business development and recruitment and retention of CRE brokers.
Herron, 33, successfully transitioned from a hospitality and residential real estate background to a broker at TenantBase, and has since moved up through the ranks at the firm as a top producer. He is now overseeing sales operations in three major markets.
An individual who thinks ahead of the curve, Herron was able to identify the impact that similar technology had made in the residential space with firms such as Redfin, and see how that would transfer to CRE. He was able to quickly take a different approach to providing tenant representation services, and work with underserved small to mid-size companies in their office space search and lease process.

Andrew Kelley goes on Money Matters podcast

Andrew G Kelly Director - National Brokerage at TenantBase is interviewed in this episode. Andrew help businesses and startups find commercial space using powerful technology and highly talented brokers.

TenantBase Expansion

TenantBase, a tech-enabled commercial real estate brokerage, plans to expand into multiple markets with the launch of offices in Houston, Austin, Fort Worth, as well as Chicago. The Santa Monica, CA-headquartered firm now operates in nine major U.S. cities, with continued growth and technology initiatives planned for 2019.

The company has scaled up rapidly, following a mid-2018 fundraise focused on growing its technology and brokerage teams. TenantBase CEO Bennett Washabaugh (pictured above) says he anticipates having more than 100 local brokers by the end of Q1 2019, compared to 28 in 2018.

Joining the team in Texas are industry veterans Lance McCarthy in Houston, formerly with Studley and head of Mohr partners, Jon Olofson in Austin, formerly Head Global Real Estate Portfolio Manager for Entegris, and Albert Berry in Fort Worth, formerly with Keller Williams Commercial.

In Chicago, tenant rep veterans Bob Palffy and Andrew Kelly, formerly with Cresa and Transwestern respectively, will lead TenantBase’s Midwest brokerage operations.

TenantBase Announces Launch of Chicago, Houston, Austin and Fort Worth Offices

Tech-enabled commercial brokerage firm continues its national expansion by announcing four new market launches accompanied by several key veteran brokerage hires.

TenantBase, a tech-enabled commercial real estate brokerage, announced on Tuesday its latest multi-market expansion with the launch Chicago, Houston, Austin and Fort Worth offices. Headquartered in Santa Monica, CA, TenantBase’s technology-based brokerage now operates in nine major US cities with continued growth and technology initiatives planned for 2019.

The company has scaled rapidly following a mid-2018 fundraise focused on growing its technology and brokerage teams. TenantBase anticipates having over 100 local TenantBase brokers by the end of the first quarter in 2019, compared to 28 in 2018. The increase in brokers coupled with productivity gains from TenantBase’s technology improvements will position the company to continue its strong revenue growth.

Along with the recent expansion, TenantBase announced veteran brokerage hires to head up real estate activities and growth of the TenantBase business model. In Chicago, tenant rep veterans Bob Palffy and Andrew Kelly, formerly with Cresa and Transwestern respectively, will lead TenantBase’s Midwest brokerage operations and continued expansion throughout the region.

“With over 30 years of tenant representation experience and having been a part of a number of different platforms, the opportunity to lead TenantBase’s expansion into Chicago and the Midwest was extremely appealing,” said market leader Bob Palffy. “TenantBase’s cutting edge technology combined with a knowledgeable advisor talent pool creates a unique experience for its clients. Additionally, teaming with Andrew Kelly, another proven industry veteran I have worked with previously, on our Midwest charge is exciting.”

TenantBase launched offices in Houston, Austin and Fort Worth with similar veteran leadership. Market leaders across the Texas markets include industry veterans Lance McCarthy in Houston, formerly with Studley and head of Mohr partners, Jon Olofson in Austin, formerly Head Global Real Estate Portfolio Manager for Entegris, and Albert Berry in Fort Worth, formerly with Keller Williams Commercial.

“We are absolutely thrilled to add highly respected and accomplished brokers both in leadership and production capacities. We believe this is the start of a golden age in commercial real estate brokerage where AI and machine learning applications will empower brokers to be incredibly efficient in servicing a growing volume of modern tenants. Great brokerage service coupled with best-in-class technology creates the ultimate tenant experience,” said Bennett Washabaugh, TenantBase CEO. “We look forward to continuing our national expansion in 2019.”

TenantBase Announces Launch of Chicago, Houston, Austin and Fort Worth Offices

Along with the recent expansion, TenantBase announced veteran brokerage hires to head up real estate activities and growth of the TenantBase business model. In Chicago, tenant rep veterans Bob Palffy and Andrew Kelly, formerly with Cresa and Transwestern respectively, will lead TenantBase’s Midwest brokerage operations and continued expansion throughout the region.

“With over 30 years of tenant representation experience and having been a part of a number of different platforms, the opportunity to lead TenantBase’s expansion into Chicago and the Midwest was extremely appealing,” said market leader Bob Palffy. “TenantBase’s cutting edge technology combined with a knowledgeable advisor talent pool creates a unique experience for its clients. Additionally, teaming with Andrew Kelly, another proven industry veteran I have worked with previously, on our Midwest charge is exciting.”

TenantBase launched offices in Houston, Austin and Fort Worth with similar veteran leadership. Market leaders across the Texas markets include industry veterans Lance McCarthy in Houston, formerly with Studley and head of Mohr partners, Jon Olofson in Austin, formerly Head Global Real Estate Portfolio Manager for Entegris, and Albert Berry in Fort Worth, formerly with Keller Williams Commercial.

TenantBase, a startup commercial real estate brokerage that caters to startups, is growing its operations in Los Angeles. The boutique firm has relocated to a 3,500-square-foot office space at 225 Arizona Avenue in Santa Monica, The Real Deal has learned. TenantBase caters to the small to mid-sized tenants looking for office space that’s typically less than 5,000 square feet. Its technology-driven platform allows tenants to search for space on its website, and later pairs the tenant with an in-house “adviser” who guides them through the process of touring a space and signing the lease.

TenantBase, a startup commercial real estate brokerage that caters to startups, is growing its operations in Los Angeles.

The boutique firm has relocated to a 3,500-square-foot office space at 225 Arizona Avenue in Santa Monica, The Real Deal has learned.

TenantBase caters to the small to mid-sized tenants looking for office space that’s typically less than 5,000 square feet. Its technology-driven platform allows tenants to search for space on its website, and later pairs the tenant with an in-house “adviser” who guides them through the process of touring a space and signing the lease.

TenantBase Raises $10.7M in Funding Round

Founded in 2014 and headquartered in Santa Monica, CA with five offices across the country, TenantBase is growing its business with a recent $10.7 million funding round. Led by Stonecutter TenantBase Investors LLC, an affiliate of New York-based Stonecutter Capital, the round includes previous investors.

The tech-enabled brokerage firm aims to serve small to medium-sized business owners in finding commercial space. Leveraging a proprietary client-facing technology, hands-on local brokerage services and internal tools, the technology eliminates inefficiencies that owners and tenants face. This round of funding will support the company’s talent expansion for more engineers and brokers.

CEO and co-founder Bennett Washabaugh said, “There are huge inefficiencies and frustrations for both tenants and landlords related to leasing small spaces. Landlords want to work with credible tenants that understand the process, and our TenantBase brokers guide clients of all experience levels through the process to get more deals done.”

Funding Article

Technology-enabled commercial real estate brokerage firm, TenantBase, Inc., today announced that it has raised an oversubscribed $10.7 million funding round to simplify the process of finding and leasing office space for small to mid-size businesses. The round is led by Stonecutter TenantBase Investors LLC, an affiliate of New York-based Stonecutter Capital, and includes follow-on investments from existing investors. TenantBase is headquartered in Santa Monica, CA, with additional brokerage offices in Atlanta, Dallas, Nashville, and Newport Beach, CA.

TenantBase was founded in 2014 to provide the best tech-enabled brokerage experience for a traditionally underserved market in commercial real estate – small to midsize business owners looking for commercial space. TenantBase built its platform to combine proprietary client-facing technology, internal broker tools, and hands-on local brokerage services. The funding will enable TenantBase to hire more engineering talent and continue building their team of market leading brokers.

“TenantBase has been thoughtful in their approach to improving the commercial leasing process. In a world where Compass and Redfin have revolutionized the home buying experience, TenantBase has created a powerful tool for its clients to explore and downselect interesting commercial spaces and then work the last mile with experienced brokers to conduct office tours and ink the deal,” says Peggy Styer, an individual investor from Razor’s Edge Ventures. “This round will accelerate the company’s expansion into new markets.”

TenantBase Announces $10.7M Funding Round

New Investment to Accelerate Technology and Brokerage Hires, Nationwide Expansion

SANTA MONICA, Calif., June 13, 2018 /PRNewswire/ – Technology-enabled commercial real estate brokerage firm, TenantBase, Inc., today announced that it has raised an oversubscribed $10.7 million funding round to simplify the process of finding and leasing office space for small to mid-size businesses. The round is led by Stonecutter TenantBase Investors LLC, an affiliate of New York-based Stonecutter Capital, and includes follow-on investments from existing investors. TenantBase is headquartered in Santa Monica, CA, with additional brokerage offices in Atlanta, Dallas, Nashville, and Newport Beach, CA.

TenantBase was founded in 2014 to provide the best tech-enabled brokerage experience for a traditionally underserved market in commercial real estate – small to midsize business owners looking for commercial space. TenantBase built its platform to combine proprietary client-facing technology, internal broker tools, and hands-on local brokerage services. The funding will enable TenantBase to hire more engineering talent and continue building their team of market leading brokers.

“TenantBase has been thoughtful in their approach to improving the commercial leasing process. In a world where Compass and Redfin have revolutionized the home buying experience, TenantBase has created a powerful tool for its clients to explore and downselect interesting commercial spaces and then work the last mile with experienced brokers to conduct office tours and ink the deal,” says Peggy Styer, an individual investor from Razor’s Edge Ventures. “This round will accelerate the company’s expansion into new markets.”

“There are huge inefficiencies and frustrations for both tenants and landlords related to leasing small spaces. Landlords want to work with credible tenants that understand the process and our TenantBase brokers guide clients of all experience levels through the process to get more deals done. We are excited to expand our service offering to new markets in 2018 and beyond,” stated Bennett Washabaugh, CEO and co-founder.

Dallas small businesses can find their next office space easily with this new free service

If you’re a small business owner or part of a startup, this scenario might sound familiar: you’ve outgrown your living room or existing space, you’re tired of waiting for conference calls to connect with your remote workers, and you need to find a new place — an actual office — for your burgeoning company to call home. That’s where TenantBase comes in.

Startups See Room for Improvement in Office Sector

Two Orange County tech startups are helping lead the way in bringing the small-business segment of the commercial real estate industry into the modern age.

TenantBase Announces New Hire in Orange County

TenantBase, the online platform built for tenants to find and lease commercial space, has announced a new hire, to round out a year of significant growth in the Orange County CA market.

TenantBase - Matches Your Business Needs With The Ideal Office Space

TenantBase is your go-to digital platform for finding the perfect place that is the best fit for your business. The company is offering a free, tenant focused solution which gives its users a complete overview of the entire market. Below is our recent interview with Kailey Faber, Director at TenantBase:

Small Space CRE Platform TenantBase Expands into Dallas

Technology enabled tenant representation brokerage TenantBase is expanding into the Dallas market. The three-year-old company serves startups and small businesses in their search for commercial space. Their tenant facing online experience allows tenants to search the market for the best buildings that align with their unique needs. In addition to the website tools, TenantBase provides in house local real estate advisors to help businesses navigate everything involved in the office search process; from searching for the right space, preparing a strategy around submitting proposals, and negotiating the lease.

TenantBase Continues Growth in Orange County

Between April-May 2016, TenantBase graduated from local incubator EvoNexus, moved into a corporate office, welcomed new team members, and launched a tool for leasing agents and landlords. The company is now actively hiring for new marketing and CRE related roles in Newport Beach, CA.

Real Estate Startup Exits Incubator to Meet Demand

A startup that helps local companies find and lease office space recently graduated from incubator EvoNexus in Irvine and moved into its own office in Newport Beach.

Real Estate Startup Exits Incubator to Meet Local Demand

TenantBase, a startup that helps local companies find and lease office space recently graduated from incubator EvoNexus in Irvine, CA and moved into its own office in Newport Beach. The OCBJ reports on the companies success since its soft launch Orange County in January 2016.

Start-ups Have an 'Apartment-Search' Mindset

Startup companies want space quickly and are looking for move-in-ready, plug-and-play office options. TenantBase’s CEO Bennett Washabaugh tells GlobeSt.com in this exclusive Q+A.

Office Lease Startup Expands in SoCal

An office-leasing startup at incubator EvoNexus in Irvine is expanding its operations across Southern California.

TenantBase Announces Orange County Expansion

The technology enabled office space brokerage built for small businesses has added a new hire to lead the company’s expansion in Orange County, CA. Max Morris, an 18 year veteran of the Orange County office market, will be heading all real estate activities as the company expands their operations into Southern California. Morris was formerly with SunCoast Properties in Orange County.

TenantBase Announces New Hires to Nashville Team

TenantBase, the technology enabled office space brokerage firm built for tenants, has announced recent additions to the company’s real estate team in Nashville, TN. Tad Wood was appointed as Principal of the Nashville market, overseeing all real estate activities, and Brents Herron was brought on as an Adivsor to work directly with local businesses.

Commercial Real Estate Tech Startup, TenantBase, Expands to Southern California

TenantBase, LLC, a technology based office space brokerage operating in Nashville, TN, has been accepted into Southern California’s premier technology incubator, EvoNexus. Following a successful 2014 beta test in Nashville, TN, TenantBase will be expanding their presence to Southern California in order to service a growing demand for their office space search and service.

TenantBase is Now Available in Nashville

TenantBase, LLC announces the release of TenantBase Beta, an updated version of TenantBase’s office space search and process management software and service for tenants in Nashville, TN.

Press Resources

We're happy to answer your questions about TenantBase. Drop us a line at press@tenantbase.com or (949) 432-3112.


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