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Press Release: Commercial Real Estate Tech Startup, TenantBase, expands to Southern California

Kailey Faber
Kailey Faber

TenantBase, LLC expands their office space matchmaking software/service to the West Coast with their acceptance to Southern California’s premier technology incubator, EvoNexus

TenantBase, a technology based office space brokerage operating in Nashville, TN, has been accepted into Southern California’s premier technology incubator, EvoNexus. Following a wildly 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 matchmaking software and service. TenantBase will work with Technology Executives Greg Hawkins, former CEO of Buy.com, and Albert Chow, former Prima Cinema Executive, as they set the stage for their national expansion.

Starting June 1st , TenantBase will be moving into their Irvine, CA office in the EvoNexus Incubator. To date, EvoNexus has received over 1000 applications to join their community of start-ups, with a total of 55 companies currently incubating in the program.  EvoNexus already boasts an impressive success rate since their inception in 2009, as companies participating in their program have raised a total of $610 Million in total funding and outcomes. EvoNexus alumnus include ecoATM (acquired by Outerwall, formerly Coinstar), Edico Genome (Series A led by Qualcomm Ventures) and Tomnod (acquired by Digital Globe).

TenantBase will continue their bustling Nashville office as they work with EvoNexus to further refine their online experience to find and lease office space.

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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.