Self-Storage Marketplace SpareFoot Nearly Doubling Size of Austin, TX, Headquarters
SpareFoot, an online marketplace for the self-storage industry, is expanding its headquarters in Austin, Texas, to accommodate the company’s continued growth, according to “The SpareFoot Blog.” The expansion will nearly double the size of space the company occupies in the Perry Brooks Building at 720 Brazos St. in the downtown area.
June 6, 2014
SpareFoot, an online marketplace for the self-storage industry, is expanding its headquarters in Austin, Texas, to accommodate the company’s continued growth, according to “The SpareFoot Blog.” The expansion will nearly double the size of space the company occupies in the Perry Brooks Building at 720 Brazos St. in the downtown area.
SpareFoot currently occupies 13,683 square feet of office space on the third, fourth and fifth floors. A new lease will add 8,054 square feet of space in Suite B700 on the first floor and 2,950 square feet in Suite 520 on the fifth floor. SpareFoot employees are expected to occupy the new space this fall.
“When we initially occupied the third floor of the Perry Brooks Building in early 2012, it was hard for me to imagine that we’d ever fill up the space. It just looked so empty,” said Chuck Gordon, co-founder and CEO. “Through a series of add-ons since then, we have kept expanding our space. Now, we have taken our biggest leap yet in securing more space to provide room for our ever-growing team.”
SpareFoot expects to have about 190 employees at its headquarters by the end of the year. The company currently employs 160 people. “We need more team members at SpareFoot to serve our expanding base of customers who are shopping for self-storage units and to serve our expanding inventory of self-storage facilities across the country,” Gordon said.
The build-out of Suite B700, once home to bedandbreakfast.com, is set to start in late June and end in late August, according to Lucas Walters, SpareFoot’s vice president of finance. The company’s call-center representatives will work in the new offices. SpareFoot currently has 58 call-center representatives but plans to grow the division to 85 employees.
The fifth-floor build-out is set for late August and will end in late October, according to Walters. It will house the company’s product team, development team and cafeteria.
Doug Jones of Colliers International brokered the lease on SpareFoot’s behalf, and Austin, Texas-based S. Tipton Studio is designing the new space. The general contractor for the project hasn’t been hired yet, Walters said.
Founded in 2008, SpareFoot helps consumers find and reserve self-storage units, with comparison shopping tools that show real-time availability and exclusive deals. With a network of more than 7,000 storage facilities ranging from mom-and-pop operations to real estate investment trusts, the company reaches prospective storage renters though partnerships with brands including SelfStorage.com, Apartments.com and Penske Truck Rental.
Sources:
The SpareFoot Blog: Office Space: SpareFoot Nearly Doubling Size of Headquarters
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