SOURCE: Market Leader, Inc.

Market Leader, Inc.

October 25, 2013 11:25 ET

Market Leader Moving to Bellevue, Doubling Space With Seven-Year Lease

New Anchor Tenant for 110 Atrium Place Will Move Into Completely Renovated, 70,000 Square Foot Space

KIRKLAND, WA--(Marketwired - Oct 25, 2013) - Market Leader, a leader in online marketing and technology solutions for real estate professionals and a division of Trulia Inc. (NYSE: TRLA), has signed a multi-year lease to occupy the top two floors of 110 Atrium Place in Bellevue, Wash. This will double its current square footage and reinforces its commitment to grow the business in the Seattle area.

Market Leader chose downtown Bellevue for its new office based on the location's growing popularity, proximity to public transit and amenities, plus the opportunity to create a state-of-the-art work environment.

The move, which is expected in mid to late-December 2013, brings Market Leader just blocks away from where the company was founded in 1999. Market Leader expects to completely renovate the new space as a modern, high-tech and open work environment.

"We're very pleased to expand our presence in Bellevue and give our employees room for rapid growth in a workspace specifically designed to fit our culture," said Ian Morris, president of Market Leader. "The Seattle market is an incredible environment to facilitate fast-paced growth with talented individuals, and we're excited for what's ahead."

The more than 70,000 square feet of premier technology space at 110 Atrium Place will be completely renovated over the next few months by Turner Construction as part of a major renovation of the building. Market Leader will occupy the top two floors with 360-degree views of the surrounding area, with an option to expand its footprint in the building in the future.

"We will continue to invest in growing the Market Leader team in the Seattle area, and are very excited to have found a great home in Bellevue," said Pete Flint, chief executive officer and co-founder for Trulia. "Our presence across multiple locations and markets allows us to hire and retain the best talent. This will allow us to continue to build innovate tools for our customers and build the best operating system for the real estate industry."

About Market Leader
Market Leader, founded in 1999, provides innovative online technology and marketing solutions for real estate professionals across the United States and Canada. The company serves more than 150,000 real estate agents, brokerages and franchisors, offering complete end-to-end solutions that enable them to grow and manage their businesses. Market Leader's subscription-based real estate marketing software -- including websites, contact management, a marketing center, and lead generation services -- is powered by Smart Lead Technology, and helps customers generate a steady stream of prospects, plus provides the systems and training they need to convert those prospects into clients. Market Leader's parent company Trulia Inc. gives home buyers, sellers, owners, and renters the inside scoop on properties, places, real estate agents, and brokers.

For more information on Market Leader visit www.MarketLeader.com.

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