Zillow continues to grow at a rapid clip, gobbling up more office space at its downtown Seattle headquarters in the Russell Investments Center. The company announced today that it plans to take over floors 33 and 34 at the Seattle skyscraper, adding about 45,000 square feet of space.
It currently is located on floors 29 through 32.
“Zillow continues to expand its team to support its record growth and has just signed a lease to take over two more floors in its Seattle headquarters,” the company said in a statement. “This additional space … will accommodate Zillow’s growing staff.”
Zillow employs more than 430 people in Seattle, with over 650 worldwide. The new space, given an allotment of 150 square feet per person, could accommodate another 300 staffers. The company will have about 132,000 square feet in the building once it moves on to the new floors, expected later this fall. It is paying $37 to $38 per square foot for the new space.
The company also recently opened a new office in San Francisco, building on its acquisition of HotPads. That facility has about 18,000 square feet, and is home to more than 60 employees.
Zillow shares continue to rise, up more than one percent today. It now has a market value of $1.91 billion.
Here’s a tour I got of the new Seattle offices shortly after the company moved in: