March 18, 2010 - Accruent, Inc., the leading provider of Enterprise Location Management solutions is pleased to announce that it has renewed its sponsorship of the National Retail Tenants Association (NRTA), a leading source of lease administration education for retail real estate professionals. Accruent has been a member of the NRTA since it was founded in 1997.
“We are pleased to welcome back Accruent as our exclusive Platinum sponsor,” said Paul Kinney, NRTA’s executive director. “We share a common goal – to help retail tenants understand the value of lease administration, and its direct impact on overall company success and strategy.”
“We are proud to support the NRTA and its mission of professional development,” said Mark Friedman, Accruent founder and chief executive officer. “We encourage our Retail customers to join the association and to participate actively in its events and its educational agenda. Through improved knowledge of lease structures and compliance, NRTA membership contributes to millions of dollars in annual savings for retail organizations, and enables them to better leverage the management tools provided by Accruent.”
Accruent has been developing solutions to address the unique requirement of the retail market since 1995. The company’s proven success, strong customer momentum, and rapid pace of innovation have made it the standard within the retail industry. The Company’s best practices extend past its leading software solution and include a patented abstraction process that extracts complex terms from hundreds of thousands of leases with 99.95% client-verified accuracy. With over 220 retail customers, including more than 40 of the Top 100 Retailers, Accruent has unrivaled insight into the real estate management needs of the industry. Around 50% of Accruent’s retail customers are currently NRTA members.
The NRTA is a leading source of lease administration education for commercial and retail real estate lease professionals, attorneys, lease accounting and commercial property management specialists who are responsible for operating costs and retail real estate terms. Included among their broad spectrum of retail lease education topics are: commercial real estate lease information, commercial property management training, commercial tenant best practices, real estate lease training, retail real estate trends, retail leasing tips, lease administration and lease abstracting. For more information, visit www.retailtenants.org.
Founded in 1995, Accruent is leading the industry with a new generation of enterprise solutions designed to fully leverage real estate and facilities as a competitive advantage. Accruent Enterprise Location Management solutions optimize the impact that locations have on organizational performance by rightsizing real estate and facilities portfolios, eliminating unnecessary spending, and supporting compliance and sustainability initiatives. Accruent’s solutions are used by over 400 leading organizations including 20 percent of the Fortune 500, more than 40 percent of the Top 100 Retailers, leading universities and public sector entities. Another Accruent customer goes live every 10 days. For more information, visit www.accruent.com.