The company plans to hire 72 employees in the coming months. It recently completed a move to a new 24,000-sf headquarters on the 2400 block of Latham Street in Mountain View, a transition that nearly doubled the size of its original headquarters. BridgeSpan has also opened a 26,000-sf office in Frisco, TX, a facility designed for central processing of online real-estate closing services.
Its new offices will be located in San Mateo and Saratoga, but BridgeSpan has not given specific locations or released square footage figures. The firm also maintains offices in the Menlo Park/Woodside area of the San Francisco Peninsula and in Sacramento.
BridgeSpan officials were not available for comment by press time, but CEO Mark Evans boasted of his company's success in a prepared statement late last week. The company claims to be the first entity to offer complete real-estate transactions online. "Our steady growth and expansion validate our unique business model," Evans says. BridgeSpan reportedly claimed last week that his firm achieved top market share for October, November and December 2000.
The expansion plans come at a time when many dot-coms are either pulling in their reins or throwing in the towel altogether. But last week, Evans praised his company's "state-of-the-art technology" for making the endeavor expansion-worthy.
BridgeSpan provides services in 33 states through its subsidiary, BridgeSpan Title Co. It is backed by investors Benchmark Capital, Sequoia Capital and Capital Research and Management Co.
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