New York-based commercial real estate company SquareFoot is creating 25 new jobs with a new software development centre in Belfast.
Economy Minister Diane Dodds said the firm “is offering very attractive, high-end salaries which will see the new roles contribute over £1.6m additional salaries to the local economy.”
SquareFoot helps businesses find suitable office space and provides a technology-based solution ‘TourBook’ which schedules property visits, records photos and notes, and guides a property searcher through the whole process.
Jonathan Wasserstrum, its founder and CEO said: “We are growing our team now to match the expansion of the services we offer to our clients.
“Last year, we launched FLEX by SquareFoot, which allows our clients to move into office space without committing to long-term leases. Lease flexibility is the future of commercial real estate, and our team in Belfast will guide us on building the technology to keep delivering on our vision.”
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Minister Dodds met the company in New York as part of a week-long visit to the USA, which includes meeting US investors and politicians in Washington DC for the annual St Patrick’s programme.
She added: “The USA is an important market for Northern Ireland, both for trade and investment.
“It generates 60% of all foreign direct investment (FDI) jobs into Northern Ireland, and over £2bn of exports.”
Invest NI has offered £100,000 towards the new roles.
Its chief executive Kevin Holland commented: “Squarefoot’s primary market has been New York but it is now branching into other cities, with plans to expand into the 25 largest North American real estate markets.
“This announcement is a real testament to the quality and skills our workforce has to offer potential employers.”
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