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SouthernSkyline

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Posts posted by SouthernSkyline

  1. 7 hours ago, KJHburg said:

    Nucor is buying a vacant 67.000 sq ft building at 2100 Rexford Road very close to their existing HQ on Rexford.  (they own their existing HQ building but lease some of the space out)

    Nucor #149 on the Fortune 500 list runs a lean corporate HQ but they just bought a huge building supply company based in Cary.  

    From the Charlotte Ledger this morning:

    ""Charlotte-based steel giant Nucor has bought a recently renovated four-story office building in SouthPark … for a cool $21M.  Property records show the Fortune 500 company closed on the purchase of 2100 Rexford, more or less across the street from its current headquarters at 1915 Rexford Road.  So unless the nation’s largest steel company is getting into the real estate speculation business or is planning a smelting operation behind Specialty Shops, it would seem to make sense that the new acquisition would be a headquarters building.  Nucor didn’t respond to requests for comment over the weekend. Childress Klein had owned the building since 2019 along with Gottesman Real Estate Partners. A Childress Klein spokeswoman over the weekend referred inquiries to Nucor.  Childress Klein and Gottesman bought the site from LendingTree, which had envisioned it as part of a new SouthPark headquarters before determining that its growth demanded more space. LendingTree employees started moving into its new headquarters at Vantage South End on Tryon Street last week.""

    wonder if this has anything to do with it the purchase of the Cary based company?

    Nucor To Buy IMP Business Of Cornerstone Building Brands For $1 Bln Cash - Quick Facts | Nasdaq

    anyway it gets a completely empty building off the market in the Southpark area. 

    I would not read much into this other than them needing slightly more office space. Nucor continues to be very lean.

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  2. On 5/1/2021 at 3:43 PM, KJHburg said:

    The CVS is now open on the ground floor of the Home2Suites hotel by the 5/3 and Starbucks.  I have heard the hotel with the stairwell columns is going to be restarted maybe as a different hotel but still a hotel.  

    Compared to this stretch of Stonewall before there was the blank walls of the convention center with just gravel parking lots and the Orange Crush nightclub and the Westin.  This street is much more lively now with the 4 apartments complexes within as many blocks.  

    Ah the Wonder Wall I have not taken a photo of it in over a year!   First ;photo is of 2nd Street. 

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    Will they reuse the current shell or are they more likely to completely bulldoze the site and start over?

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