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Thursday, December 24, 1998 < Prev Next >

Visio Takes More Space In World Trade Center

Seattle-based Visio will lease an additional 133,000 square feet of space in an adjoining building of the new World Trade Center development on Seattle's waterfront.

The company already was planning to lease 184,000 square feet in the complex's east building, owned by the Port of Seattle and being developed by Wright Runstad.

Visio will move its headquarters into that building in February 1999. The additional space will be in a five-story office building in the complex's north wing.

Visio plans to move into the building, which will be owned by Wright Runstad, in July 2000. Construction will begin next spring, the developer said.

Visio employs 376 workers locally and an additional 200 in offices worldwide. The company develops software to allow businesses to draw and diagram anything from organization charts and maps to complex schematic designs. It posted sales of $166 million in 1998.

Visio also plans to bump up its $10,000 contribution to the Bell Street Connection, the Belltown neighborhood's improvement project. It announced it will match one dollar for every $2 donated by the neighborhood up to $66,000 by the end of 1999.

Helen Jung's phone message number is 206-464-2742. Her e-mail address is: hjung@seattletimes.com

The Seattle Times

Source page: http://community.seattletimes.nwsource.com/archive/?date=19981224&slug=2790766