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KJHburg

By KJHburg
in Charlotte

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Tyrone Wiggum
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turbocraig
turbocraig

Maybe they’ll go to Richmond. 

KJHburg
KJHburg

I sent my British tech consultant friend the article about Bank of London and here is what he said (and he has been to Charlotte multiple times) ""interesting development. It makes an interesting

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KJHburg Ecumenopolis

KJHburg

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Saw this in Cushman and Wakefield's 3rd Qtr office report about Vanguard which occupies 2 whole buildings in the Water Ridge Office Park where they have 1000 plus or minus employees. 

""In the Airport submarket, Vanguard occupied its space at 2425 Cascade Pointe Blvd for 80,172 sf""  is this a true expansion  for them anyone know?   This is one of the Sealed Air Buildings on their campus that when they spun off Diversery they no longer needed.   A lot of their tech staff is based here in Charlotte. 

2425 Cascade Pointe Blvd.pdf (loopnet.com)

Vanguard was once going to lease a huge tower at LoSo Station at Scaleybark but Covid killed it.  

If Vanguard still has their other 2 buildings which I think they do this is a sizable expansion.    They do have 160 jobs many cross posted here in Charlotte or suburban Philadelphia and a few posted also in Scottsdale.  https://www.vanguardjobs.com/job-search-results/?keyword=Charlotte

 

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RANYC Burg

RANYC

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On 10/12/2022 at 5:46 PM, CarolinaDaydreamin said:

Dallas is the most overrated city in the country. Period.

In Dallas on business today and I’m actually loving it.  Can’t say my sample size is representative, but the people I’m encountering are awesome, definitely higher-energy than what I’ve encountered in Charlotte.  These are people in corporate roles and with families and in their late 30s, 40s, 50s, but they seem to want to “go out” more so than what I’ve found in Charlotte.  Seeing a number of cranes here in uptown Dallas, but so far, not quite as many as in Charlotte although that may be because I know where to look for them in Chalotte, and I’m not as clear on their location here.

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KJHburg Ecumenopolis

KJHburg

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from the Biz Journal this morning:

""A global management consultancy, Baringa, picked Charlotte for its first North Carolina office as it seeks to expand its U.S. footprint.

Baringa, based in the U.K., chose to expand to Charlotte due to the city's strong foundation of talent and businesses. The office is at 615 S. College St. in uptown.

That location adds to Baringa's other U.S. operations in Houston, Chicago and Manhattan, New York.

Baringa provides consulting services across a number of sectors including energy, financial services, consumer products and government. Its offerings include economic advisory, technology transformation and data advisory, among others. Baringa's client portfolio contains companies as large as Financial Times Stock Exchange 100 names and as small as startups.""

https://www.bizjournals.com/charlotte/news/2023/01/24/baringa-consultancy-firm-opens-charlotte-office.html

 

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KJHburg Ecumenopolis

KJHburg

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22 minutes ago, atlrvr said:

Ran across this article today:

https://www.bankingdive.com/news/jenius-bank-us-consumer-market-digital-loans-smbc-japan-john-rosenfeld/641080/

 

Which led me to find this from a few months ago:

https://www.jeniusbank.com/press/articles/Jenius-Bank-Opens-its-First-Office-in-Charlotte-NC

 

I think this Jenius Bank is located in the Wework offices at 615 S College.  MUFG has a floor or two there from what I have been told.    Like the "Queen of Finance" comment 

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KJHburg Ecumenopolis

KJHburg

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25 minutes ago, atlrvr said:

Jenius is owned by Sumitomo, unlike MUFG which is Mitsubishi.  So, now 2 Japanese mega bank subsidiaries.  I think Jenius is located at 500 E Morehead (newer office building next to the Dowd YMCA)

I am getting my Japanese mega banks mixed up.  Yes it is MUFG up at wework in the Regions building.  This is great to have a 2nd mega Japanese bank locate here.  Many of them have huge offices in NY or LA or San Fran maybe they will continue to move more operations or create them like with this Jenius. 

日本の大手銀行の混乱をお詫びします。

 

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JRCLT Burg

JRCLT

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I am getting my Japanese mega banks mixed up.  Yes it is MUFG up at wework in the Regions building.  This is great to have a 2nd mega Japanese bank locate here.  Many of them have huge offices in NY or LA or San Fran maybe they will continue to move more operations or create them like with this Jenius. 
日本の大手銀行の混乱ã‚'おè[emoji2398]«ã³ã—ます。
 


BankTown is banking still

My Japanese is just barely good enough to understand that sentence fully
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hokiehigh Whistle-Stop

hokiehigh

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19 hours ago, Desert Power said:

It is somewhat curious the announcement mentioned CIC and Uptown, but not Ballantyne.

I don't think they own the Ballantyne or Ft. Mill offices.  I also doubt they need both.   The announcement was also more around renovating the buildings they own.

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kermit Megalopolis

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I am getting the sense that hybrid work models are going to reduce remote work sites like Btyne and Ft Mill in favor of WFH and central office visits a few days a week.

I think suburban offices of all kinds are really going to take a huge hit in the hybrid work future.

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KJHburg Ecumenopolis

KJHburg

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US Bank has 78 postings for jobs (some cross posted in other cities of course) this is more than their HQ city of Minneapolis which from what I hear has snow measured in feet this week.  Many jobs are CLT or Minneapolis or LA or Boston and given the cost of living  I can see why they are growing here.

By the way Wells Fargo has twice the job postings in NC than it does in its so called home state of California.  733 vs. 342 in Cali. 

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DJ8hep Hamlet

DJ8hep

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US Bank has 78 postings for jobs (some cross posted in other cities of course) this is more than their HQ city of Minneapolis which from what I hear has snow measured in feet this week.  Many jobs are CLT or Minneapolis or LA or Boston and given the cost of living  I can see why they are growing here.
By the way Wells Fargo has twice the job postings in NC than it does in its so called home state of California.  733 vs. 342 in Cali. 

It will definitely be interesting seeing US Bank make a presence here. Almost a little nostalgic for me… [emoji23]
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