TORONTO--(BUSINESS WIRE)--

Major Investment Demonstrates the Company's Commitment to Canadian Market

VTS, the commercial real estate industry’s (CRE) leading leasing and asset management platform, announced today the opening of its new product development center in Toronto. The Toronto location will serve as the firm’s first major product development center outside of New York, enabling VTS to access Toronto’s pool of highly skilled product and engineering talent as the startup looks to continue its rapid growth.

VTS is actively hiring for the office, which is located in Downtown Toronto and opened in June. The company plans to grow the Toronto development team to at least 50 people by the end of 2020.

“Our second product development center is a critical milestone for VTS. Toronto was at the top of our list of potential locations thanks to the unparalleled quality of tech talent in the city,” said Nick Romito, co-founder and CEO of VTS and recently named EY Entrepreneur of the Year. “This also allows us to be close to our rapidly expanding Canadian customer base. Toronto has an impressive reputation of fostering tech innovation, and I’m incredibly excited for VTS to officially be a part of this community.”

Read the full story at finance.yahoo.com.