Savills Studley, the preeminent global commercial real estate services firm specializing in tenant representation, has announced it has represented Accruent in its relocation and consolidation to 104,448 square feet of space at 3110 Esperanza Crossing in Austin, TX in the Domain.

The leading real estate and facilities management software company is currently located at Braker Pointe II (10801 North MoPac Expressway) and Quarry Oaks (10900A Stonelake Boulevard) and will consolidate into its new space by October 2016. The Domain is located at the geographic center of Austin and acts as Austin’s “second downtown” providing residential, entertainment, retail and office uses.

Steve Walbridge, Marcus Arredondo, John Scoblick, Alecia Burdick all of Savills Studley represented Accruent LLC in the negotiation; Jonathan Tate of Endeavor represented the landlord, TR Domain LLC (TIER REIT).

“The Domain is a perfect location for our new offices,” said Accruent’s CEO, Mark Friedman. “We will not only have the space to accommodate our rapid growth but we will also be able to design a working environment that reinforces our company culture. Most importantly, we will create a place where our people can thrive.”

“With the significant growth Accruent is experiencing, the company was looking to expand its footprint, but most importantly wanted to consolidate its two locations,” said Scoblick, corporate managing director of Savills Studley in Austin.

“Accruent has seen its growth accelerate dramatically once they decided to relocate from Santa Monica, CA to 14,000 square feet in Austin in early 2011,” added Walbridge, executive vice president and director of Savills Studley in Los Angeles, who assisted Accruent with this initial move to and continued expansion in Austin.