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2021 Was an Award Winning Year for TenantBase

David O'Rell
David O'Rell

 The Team at TenantBase Celebrates a Banner Year!

 

It’s been an exciting year for TenantBase as we achieved several major milestones and were recognized for our efforts with multiple awards.  Almost all of the awards racked up by the company were earned in the last six months, but suffice to say, it’s been a banner year. In all, TenantBase captured eight prestigious awards, from notable publishing outlets such as Inc., The Real Estate Forum, and GlobeSt. 

 

Milestones:

  • Transitioned to a Partner Broker model that allows us to work with the best local CRE professionals 
  • Rapidly expanded our footprint into 40 new U.S. markets, bringing our total to 52 markets 
  • Increased our average commission per transaction by 70+% compared to last year
  • Maintained a 5-star rating on TrustPilot based on 750 reviews as we continue to focus on delivering the best tenant experience
  • Sponsored our first CRE industry events - CREi Summit and SIOR CREate 360

 

TenantBase won the following awards in 2021:

  • 2021 Inc. 5000
    • Ranked No. 1,404th for a top-third spot on the prestigious list
  • 2021 PropTech Breakthrough Awards
    • “Overall Commercial Marketplace of the Year”
  • 2021 Business Intelligence Group (BIG) Awards for Business 
    • “Product of the Year”
  • 2021 Real Estate Forum/GlobeSt. Influencers in CRE Technology Awards
    • CEO Bennett Washabaugh selected as individual award winner
  • BUILD 2021 Global Real Estate and Property Awards
    • “Best Commercial Real Estate Marketplace USA”
  • 2021 The Real Estate Forum/GlobeSt.com “Fifty under 40” Awards
    • COO Mike Zei selected as individual award winner
  • 2021 New World Report Software and Technology Awards
    • “Most Innovative Commercial Real Estate Platform – USA”
  • Corporate Vision Magazine’s Corporate Excellence Awards
    • Winner “Most Outstanding Commercial Real Estate Platform 2022”

“Several years ago, we set out to become the leading online marketplace for the commercial real estate industry,” stated Bennett Washabaugh, co-founder and CEO of TenantBase. “It’s humbling to see the amount of recognition we’ve received this year, which we credit to the hardworking determination of our entire workforce. We’re most certainly honored to have earned the admiration of such influential outlets in the technology and commercial real estate space. Our mission in 2022 is to build upon this success, continuing to expand the reach of our broker partner program and value proposition of the TenantBase platform for tenants, brokers, and property owners. Now more than ever, companies looking for commercial space need a turnkey solution and TenantBase is poised to continue our mission to advance the business model and leasing process of the commercial real estate industry.”


We are excited to continue our growth and success in 2022! 

TenantBase Booth

(Pictured R to L: Jim Underhill, Bennett Washabaugh, David O’Rell, Mike Zei)

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Frequently Asked Questions

How does TenantBase work?

TenantBase reverses the traditional commercial real estate model. Instead of spending weeks searching listings and contacting landlords, tenants share their requirements — location, size, budget, and timing — and TenantBase matches them with qualified local tenant-rep brokers and relevant market options.

What does a tenant-rep broker actually do?

Tenant-rep brokers provide market expertise, advocate exclusively for tenant interests, and manage the leasing process from start to finish — space selection, negotiations, and concessions — helping reduce risk and improve outcomes at no direct cost to the tenant in most U.S. markets.

What's the difference between a gross lease and a net lease?

In a gross lease, one all-in rent payment covers most building expenses. In a net lease, tenants pay base rent plus some combination of property taxes, insurance, and CAM charges on top. Those pass-throughs can add 30–100% above the face rate, so understanding the structure before you tour is critical.

Who are the Partner Broker Highlights?

Partner Broker Highlights feature trusted tenant-rep brokers in TenantBase's network — their background, market expertise, and approach to representing tenants. It's designed to help businesses find and vet the right local advisor before starting a search.

How does TenantBase help me find the right space for my business?

TenantBase combines technology with local tenant advisors to match searches based on headcount, growth plans, budget, and timing — streamlining discovery and helping teams lease space that fits their operational and financial goals.