Accruent, an Austin, Texas-based technology firm, has opened its New Orleans office on the sixth floor of 400 Poydras Tower in the Central Business District that it says will ultimately house up to 350 new employees.
The company signed a 10-year lease for the 23,000 square foot downtown office in December.
Accruent said it has already hired more than 70 employees and is ramping up to reach full employment in New Orleans in 2020.
Louisiana Economic Development estimates the business will result in 338 indirect jobs.
Accruent provides software and information technology products for real estate, construction, development and facilities management of clients in retail, corporate, consumer goods, higher education, food and beverage and other sectors. Founded in 1995, it now serves a range of industries in more than 150 countries.
“We are proud of the talented team that we’ve built so far in New Orleans, and look forward to continuing to grow our technology footprint here,” said John Borgerding, CEO of Accruent.
LED, along with Greater New Orleans Inc. and the New Orleans Business Alliance, first met with Accruent leadership to discuss a potential project in December 2017.
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