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Offerpad, an East Valley real estate tech company founded in 2015, held a 鈥渉ousewarming party鈥� and ribbon-cutting ceremony Thursday to celebrate the opening of its new 40,000-square-foot headquarters in Chandler.

鈥淲e鈥檙e super excited about this office because it represents ,鈥� said Dave Haroldsen, head of brand at Offerpad. 鈥淥ne of our values here at Offerpad is 鈥榟omes not houses.鈥� We鈥檙e beyond properties; we don鈥檛 talk about transactions. We鈥檙e about the homes and the people that live in [them]. Today, we鈥檙e celebrating what that represents to us, to Offerpad, and it鈥檚 an exciting moment.鈥�

Offerpad is part of a growing in the Valley, using technology to make real estate transactions simpler and easier for customers. Offerpad worked closely with Gov. Doug Ducey and Rep. Jeff Weninger (LD-17) to help pass a bill supporting PropTech companies in Arizona.

鈥淭hat鈥檚 a big deal,鈥� Haroldsen said. 鈥淚t鈥檚 a big deal for our state and our industry, and we鈥檙e super excited about all the work that鈥檚 being done.鈥�

Brian Bair, CEO and founder of Offerpad, thanked the guests for joining the celebration.

鈥淚t really means a lot to us to share the moment of our new 鈥榟ouse鈥� and to have you guys here and sharing it with us,鈥� Bair said. 鈥淚鈥檓 so proud of the team and what we鈥檝e done at Offerpad over the last few years 鈥� in a short period of time, really changing real estate.鈥�

Before the ribbon-cutting, Offerpad鈥檚 most prominent guests offered a few words of praise.

鈥淚 think the success that you鈥檝e enjoyed to date is a testament to the good people you have working here at Offerpad, and right now in Arizona things are booming,鈥� Ducey said. 鈥淢aricopa County is the fastest-growing county for the third year running, in the entire nation. There are 3,144 counties in this country, so that is quite a victory to claim three years in a row.鈥�

Ducey said the Phoenix metropolitan area, with a population of 4.8 million, is bigger than 26 other U.S. states.

鈥淵ou know, 70 percent of the adults in Arizona were born somewhere else, and they moved to our state because it has a better quality of life, and it is one of the most welcoming and inviting places in the world, and now it is welcoming to entrepreneurs and businesses of the future,鈥� Ducey said. 鈥淚 couldn鈥檛 be more excited about what is ahead for Offerpad.鈥�

Weninger said he wanted to thank Offerpad for its contribution to the East Valley community and the investment the company made in Chandler.

鈥淥n the PropTech, it is an amazing concept; it was a new concept to me, but you鈥檙e at the forefront of it, your company,鈥� Weninger said. 鈥淲hat we鈥檙e doing 鈥� and what the governor has been working on since he got in there 鈥� is welcoming technology and other companies and saying 鈥榳e鈥檙e open for business鈥� without this regulatory construct that is so limiting to you. We鈥檙e still safe, but we鈥檙e going to allow companies to grow, and we鈥檙e not going to just put up roadblocks and tell you that you鈥檝e got to wait two years to do that.鈥�

Chandler Mayor Kevin Hartke said the Offerpad project is 鈥渧ery important to us鈥� and that he was glad the company chose Chandler for its headquarters.

鈥淲e believe鈥� this is not the last idea that鈥檚 going to come out of the very talented and intelligent group that you鈥檝e assembled and will continue to assemble,鈥� Hartke said. 鈥淲e want to say that Chandler is open for business and that we鈥檙e excited to see how we can continue to work with you.鈥�

Offerpad staff moved into the new headquarters in March from the company鈥檚 Gilbert office, where Offerpad has resided since summer of 2015 and has since outgrown.

Offerpad will run its corporate and Arizona market operations from the new headquarters, which is located on Germann Road between Loop-202 and Chandler Municipal Airport.