HootSuite HQ expands into City of Vancouver-owned site

Social media management software company HootSuite is moving into a larger head office in Vancouver thanks to a deal that the company struck with city ...

Social media management software company HootSuite is moving into a larger head office in Vancouver thanks to a deal that the company struck with city hall.

HootSuite will move into 33,000 square feet of office space in a two-storey building at 5 East 8th Avenue in early 2013 as part of a lease agreement that the city calls “innovative.”

The pact includes an option to buy the building, which has a 2012 assessed value of $9.6 million.

The Vancouver Economic Commission was also involved in brokering the deal that will keep HootSuite in Vancouver.

“Since we first started HootSuite in Railtown in 2008 as a part of Invoke, we’ve been proud to call Vancouver our home,” said HootSuite CEO Ryan Holmes.

Four years after HootSuite’s humble founding, it has more than 230 staff.

“The city’s digital media sector is strong and continues to grow, and we’re excited to have found a new location that allows us to stay and expand here. We’ve had strong support from the city and look forward to continuing to build out our Vancouver presence.”

gkorstrom@biv.com

@GlenKorstrom

comments powered by Disqus

Also Read

More From Innovation

Tyler Orton discusses Apple stocks jumping in after-hours trading

Read Article

Tech companies helping keep data pirates and identity thieves at bay  

Read Article

Fast-growing Vancouver companies compete to make in-house HR software   

Read Article

UBC and SFU have churned out more than 200 spinoffs the past 30 years, but as many as a quarter haven’t survived 

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
×