XATA Signs New Building Lease to Handle Growth
MINNEAPOLIS – XATA Corp., a provider of on-demand, fleet management software, signed a lease on a state-of-the-art building.
MINNEAPOLIS – XATA Corp., a provider of on-demand, fleet management software, signed a lease on a state-of-the-art building to become the corporate headquarters for XATA in Eden Prairie, Minn.
XATA is an expert in optimizing fleet operations by reducing costs and ensuring regulatory compliance for the trucking industry. Established in 1985, XATA has grown to service over 60,000 trucks and 1,925 distribution centers compared with 40,000 trucks and 1,000 centers two years ago. XATA’s fiscal year 2006 revenues were more than $30 million, a growth rate of 59 percent over the previous year. The new building will allow XATA to meet the demands of its growing business by providing room for XATA’s more than 100 Minnesota employees.
The 26,500-square-foot building is expected to provide sufficient space for existing employees and meet the demands of XATA’s high growth needs. The anticipated move date is Nov. 1, 2007. The standalone building is located on 965 Prairie Center Drive in Eden Prairie.
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