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TexasOffice

Miro signs 72,000-square-foot lease in Colorado Tower in Austin

November 9, 2021
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Commercial real estate firm JLL and Miro announced today that Miro, the leading online whiteboard platform designed for distributed team collaboration, will lease 72,000 square feet of space in Colorado Tower, located at 303 Colorado Street, in downtown Austin, TX. Miro’s expansion in Austin makes the city its largest U.S. hub and second largest of 11 hubs globally, including offices in Europe and Asia. 

Miro currently occupies a co-working space in WeWork Westview in Austin with approximately 165 employees, including functions on its Sales, Marketing, Customer Success, Operations, Legal, and People Excellence teams. The company plans to occupy floors 17, 18, and 19 of Colorado Tower in the spring of 2022 and will invest in additional construction over the next four months. The unique space currently features two outdoor decks, various working spaces for different types of collaboration, and other amenities, including bike storage and a cafe. Employees will directly contribute to additional design elements by providing feedback and suggestions on communal areas, outdoor spaces, meeting rooms, and more. 

Miro’s move into Colorado Tower reinforces the company’s rapid growth during 2021. Miro now has over 1,000 employees across its 11 hubs. The Austin hub currently has 163 employees and has doubled in size since January of 2021. It will include more than 200 people by January 2022. Miro’s collaborative whiteboarding solution now has more than 25M users worldwide with more than 100,000 client organizations, including 95% of the Fortune 100.

“Austin is one of the most vibrant technology cities in the United States and we’ve been proud to call it one of our hubs since 2020,” said Andrey Khusid, Co-founder and CEO of Miro. “Miro leaders and employees love it because it’s an inspiring place to learn, grow, and drive change — which is one of our core values at Miro. We’re excited to bring even more opportunities to the market in the coming months.”

Located at 303 Colorado Street in the heart of Austin’s Historic Warehouse District, Colorado Tower offers convenient access to the best amenities the city has to offer. The building is adjacent to or within walking distance of the Lady Bird Lake Hike and Bike Trail, the Austin Convention Center, Austin City Hall, Austin City Limits, and provides convenient access to major thoroughfares including IH-35 & Mopac Expressway. 

JLL’s Mark Harris and Jake Ragusa represented the tenant, while JLL’s Rachel Coulter, Bethany Perez, Travis Rogers and Coleman Jackson represented the landlord.

“We are continuing to see an increase in innovative companies who are laying down their roots in Austin,” said Jake Ragusa, Senior Vice President at JLL. “Over the past year, we have seen meteoric growth in terms of ongoing interest and leasing activity. We’re excited to play a part in fostering the growth of such an exciting company.”

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