Nick Romito of VTS

NEW YORK CITY—Two of the biggest names in commercial real estatetechnology are joining forces. VTS and Hightower, bothheadquartered here, said Tuesday they would merge to form theindustry's leading leasing and asset management platform under theVTS name.

The combined company will manage a portfolio totaling more thanfive billion square feet. It will combine the strongest featuresfrom the VTS and Hightower platforms, the two companies saidTuesday.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.


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