BOSTON & TEL AVIV, ISRAEL (January 31, 2019) — LeasePilot, the only company bringing a scalable, digital future to commercial real estate leasing, today announced it has opened a new research and development facility in Tel Aviv, Israel.
The company has already hired a lead engineer and will more formally establish a presence in Israel with the opening of the new research and design office. Located inside WeWork Sarona Tel-Aviv, the office will house a team of engineers focused on front and back-end product innovation and quality assurance. Over the next six months, LeasePilot plans to grow aggressively, solidifying its commitment to establish a strong presence in this market.
“Israel’s abundance of top-tier engineering talent made it an obvious choice for LeasePilot’s new research and development center,” said Gabriel Safar, LeasePilot co-founder and CEO. “As technical recruiting continues to remain highly competitive, tapping into the country’s wealth of expert talent will allow us to more quickly scale our business and adapt to ever-changing market and customer demands.”
LeasePilot’s mission is to transform commercial real estate leasing by pairing innovative digital technology with tried-and-true legal industry standards, ensuring easier collaboration, greater transparency, and streamlined efficiency. In 2018, the company saw a 900 percent increase in annual returning revenue, more than 200 percent growth in platform transaction activity, and a 75 percent increase to its client roster, which currently includes industry-leading companies
JBG Smith and Oxford Properties.
For more information on LeasePilot, visit https://leasepilot.co/.
LeasePilot was founded in 2015 by two seasoned commercial real estate attorneys who
recognized that commercial leases should close faster. LeasePilot is the only company creating a scalable, digital future for commercial real estate leasing. The company is accelerating the timeframe to close a commercial lease by pairing innovative technology with tried-and-true legal industry standards. By empowering customers through data-driven technology, LeasePilot is moving the industry away from antiquated paper documents and evolving leasing to meet today’s market expectations.