Fast-Growing Tech Firm Moves HQ to Norwood
- Sep 18, 2015
iSqFt, the fast-growing software-as-a-service company, announced this week that it will move its headquarters to the Rookwood Exchange mixed-use complex in Norwood next January.
Currently located in Blue Ash, iSqFt will take 60,000 square feet in the 230,000-square-foot office building, where it will occupy the top two floors. About 3oo employees will come with the company, which plans to add another 110 full-time jobs by the end of 2018.
iSqFt is expanding rapidly and has completed mergers with Chicago-based BidClerk and CMD Group of Georgia in the past year. In June, the Ohio Tax Credit Authority awarded iSqFt a 65 percent job creation tax credit worth about $580,000 over the next six years to keep the company in the state.
Jeffrey R. Anderson Real Estate Inc. is the owner and developer of Rookwood Exchange, which also includes mixed-use development. It addition to the eight-story office building, the complex also features a 120-key Courtyard by Marriott; One Rookwood, a a 126-unit luxury apartment ommunity; approximately 35,000 square feet of retail and dining space; and a 750-car public parking garage.
“Greater Cincinnati has proven to be a great place to build a technology company, and we have made a long-term commitment to stay here as we continue to grow,” said iSqFt CEO Dave Conway in a statement. “This move is the culmination of an in-depth process to find a local space that can accommodate our fast-paced expansion and allow us to support our growing number of offices throughout the U.S. and Canada.”
Photo credit: www.rookwood-exchange.com