Tiger Capital Group has relocated its Boston office to 60 State Street, nearly doubling the size of its space in the city to accommodate its rapid growth.

The New York-headquartered international asset valuation, advisory and disposition firm leased 12,200 square feet on the 11th floor of the 38-story building in the heart of the city’s Government Center district.

The new office currently houses 38 executive and support staff involved in the appraisal, purchase, disposition and financing of retail and wholesale consumer product inventories, as well as commercial and industrial assets, machinery, equipment and intellectual property.

“Our plan is to build our Boston team to more than 60 employees,” said Michael McGrail, chief operating officer of Tiger. “This move underscores our commitment to maintaining a strong presence in Boston. The city is such an important hub for the asset-based lending industry and we want to be able to service our ABL customers on a face-to-face basis … every day.”

Other key executives based in the Boston office include Executive Managing Directors Bob DeAngelis and Bradley W. Snyder, John Cronin, director of planning and analysis, Ryan Davis, director of appraisals, Bruce Armbruster, director of marketing, John Coelho, senior VP of remarketing services and Jason Rae, director of business development.

In addition to New York and Boston, Tiger has two offices in Los Angeles, one in Chicago and a business development office in San Francisco. Through Australian co-venture Tiger Asset Group, it also maintains offices in Sydney, Perth and Brisbane, Australia.