Shelton-based William Raveis Real Estate, Mortgage & Insurance plans to relocate its headquarters from 7 Trap Falls Road to 2 Research Drive in Shelton. The move, which doubles the Raveis footprint from 22,000 square feet to 44,000 square feet, is designed to support recent and anticipated growth.
The completed move could take up to two years.
“William Raveis has had several groundbreaking years in row,” said principal William Raveis. “With annual real estate sales estimated at $7 billion in 2013 and a total mortgage volume of $9 billion, it was time to move in to a space that can accommodate our expanding headquarters team. We”™re investing in our future; this space will be home for the coming generations.”
The new headquarters will house the company”™s executive team as well as its mortgage, insurance, information technology, marketing, exceptional properties, relocation, career development, human resources, new homes, accounting and call center departments. William Raveis plans to remodel the existing building to include a state-of-the-art media room, a world class IT platform, industry leading training facilities, an interior garden and employee workout facilities.
“We”™ve been on the cutting edge of technology in our industry for almost 40 years,” Raveis said. “This new building will be no exception.”
The new headquarters includes 39,000 square feet of office space and a 5,000-square-foot interior garden. William Raveis plans to move within the next 18 to 24 months, following the property”™s reconstruction.
William Raveis”™ website, raveis.com, draws more than 10 million visits annually and includes more than 300,000 listings in Connecticut, New York, Massachusetts, Rhode Island, New Hampshire, Maine and Vermont.