Online retailer Wayfair has added 170,000 sq. ft. to its lease with Simon Property Group at The Offices at Copley Place in Boston's Back Bay neighborhood. In anticipation of a June 2014 relocation, the additional space brings Wayfair's new office space to a total footprint of 275,000 sq. ft.
Currently based at 177 Huntington Avenue, Wayfair announced a 105,000-sq.-ft. lease with Simon Property Group and plans for a June 2014 move last spring. However, following a year of rapid growth and expansion, Wayfair now requires additional square footage to accommodate its Boston-based employees in a headquarters relocation to take place later this year. The new space is roughly three times the size of the company's current headquarters and provides further expansion options to accommodate continued growth.
"With more than 1,600 employees, Wayfair is quickly becoming one of the largest employers in Boston," noted Niraj Shah, CEO and co-founder of Wayfair. "We are proud of our Boston roots and believe our location in the Back Bay is optimal for attracting and retaining top talent. We are excited to expand our footprint in the city of Boston and look forward to our move later this year."