Commercial real estate software company Aquicore has moved into a new Penn Quarter headquarters that’s triple the size of its previous office.
The company, which built an all-in-one platform to help buildings monitor their usage of all utilities (electricity, gas, water, etc.) in real time, moved into the 16,710-square-foot office at 401 Ninth St. NW to accommodate growth, attract tech talent, gain new clients and have more space to host community events. Aquicore was previously located a few blocks away in the Logan Circle neighborhood.
“This was a monumental year for Aquicore; our new office will provide the space and atmosphere we need to scale,” said founder and CEO Logan Soya in a statement. “We’re excited to be in a space that reflects our commitment to our employees and our dedication to building upon a best-in-class product that solves challenges facing the commercial real estate market in 2020 and beyond.”
Aquicore has 65 employees total with 45 housed in the new space and 20 additional team members spread out across the U.S. Some of those remote employees came after the company acquired Florida-based software-as-a-service firm Entic back in March. That 15-person team now operates under the Aquicore name, still working in Florida. The Penn Quarter office can now comfortably house its entire staff, remote included, for company-wide meetings and trainings, Aquicore PR Rep Audrey Surette told Technical.ly.
The company reported in a press release that the office’s design is meant to “promote collaboration and idea sharing.” The HQ is equipped with an IoT innovation lab, event space, a fitness center, informal breakout spaces, conference rooms and standing desks. Some nutrition amenities include nitro cold brew on-tap, a Sweetgreen outpost and a biweekly catered lunch.
As far as the company’s plan to host more events, Aquicore said it plans to partner with local nonprofits to host STEM programming and networking events for the #dctech scene.
This expansion also aligns with the company’s goal to grow its tech team.
“As for hiring, Aquicore is focused on nurturing local talent and plans to hire aggressively in 2019 and 2020,” said Surette. “Currently, Aquicore has several open positions for software engineers to expand its product team.”