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TenantBase Ranks in the Top Third of the Inc. 5000

David O'Rell
David O'Rell

We’re thrilled to announce that TenantBase was ranked 1,404 on the prestigious Inc. 5000 list of the nation’s fastest-growing private companies.

The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

“We are honored to be recognized for the first time on the Inc. 5000 and to be in the top third of the list,” said Bennett Washabaugh, CEO of TenantBase. “This is a testament to the hard work the entire team has accomplished over the past seven years. We look forward to building upon the momentum we’ve experienced throughout the past two years and continuing to serve the commercial real estate space with a solution that creates significant efficiencies in the leasing process.”

TenantBase was founded in 2014 to change the CRE leasing business model from a reactive to proactive process by providing a radically improved experience for tenants, helping CRE professionals connect and close more transactions. To date, TenantBase has over 170,000 tenants signed up on the platform and has aggregated access and facilitated tour opportunities for 1.6B square feet of properties. The platform has engaged directly with approximately 13,000 leasing agents who’ve completed $500 million in commercial lease transactions. TenantBase has saved tenants an average of 22% on quoted asking rates, and allowed brokers to close transactions in as little as 60 days, compared to the six-month industry standard.

Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.

“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.

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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.