Avigilon completes purchase of new global headquarters
Avigilon Corp. has announced that it has successfully completed the acquisition of a nine-story, 135,000 square foot office building centrally located in downtown Vancouver.
The building was financed through Avigilon’s real estate term loan facility; additional details of the transaction were disclosed via news release on February 27, 2015 and April 7, 2015.
“We’re pleased to announce the successful acquisition of our new global headquarters, which provides more than double the space we presently lease at a lower financing cost than our current rent,” said Alexander Fernandes, Avigilon’s founder, president, CEO and chairman of the board.
“Avigilon, which has over 1,000 employees, has an ongoing need for expansion as one of North America’s fastest growing technology companies.”
Avigilon develops, manufactures, and sells video analytics, network video management software and hardware, surveillance cameras, and access control solutions.