A company spokesman acknowledges that this is an unusual move for a high-tech company to be taking in the current climate, but emphasizes that the company has done well recently despite the NASDAQ plunge. "There are successes even though the market is down," he tells Globest.com. "We are a real company with a real business model." Connected is not a publicly traded company so is also not subject to the whims of the marketplace.
The 71,000-sf warehouse is significantly larger than the company's old offices, according to the company spokesman. Connected was looking to remain within a 15 to 20 minute drive of its old facility to accommodate its employees.
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