The Good News Report

[Niner National]

47 minutes ago, AirNostrumMAD said:

 

Uptown or in general?

He said in another thread that we'd hear about a tenant for 615 South College (Portman) soon, so I'm guessing it'll be the bank he's referencing in this thread taking space in that building.

[Silicon Dogwoods]

2 hours ago, ricky_davis_fan_21 said:

No Aly, but there will be an announcement in the next few weeks about a Southeastern bank increasing their charlotte presence. 

You don't say.

[HopHead]

Personally, I'd love to see this be Regions along with them leasing 300k square feet in Tryon Place so that can get off the ground. 

[DMann]

USBank

[KJHburg]

I would guess Regions as I heard they are busting at the seams in their offices and have multiple locations around town. Great news if it is true and there is a Regions named tower in most major southeastern cities. 

Article from Business Journal last fall 

http://www.bizjournals.com/charlotte/blog/bank_notes/2015/09/regions-bank-chief-on-employee-growth-spurt-in.html

and Regions bought Black Arch Partners investment bank

http://www.bizjournals.com/charlotte/blog/bank_notes/2015/10/regions-bank-buys-m-a-firm-in-charlotte.html

Edited April 27, 2016 by KJHburg
links added

[Silicon Dogwoods]

11 minutes ago, DMann said:

USBank

Not a southeastern bank. Based in Minneapolis.

But I'd love for it to be them instead of Regions.

No one is ever going to acquire US Bank.

[Nick2]

I just read up on Regions bank's activity in the Charlotte area and at the rate they're expanding and the interest they're obviously showing the Charlotte market, it would make perfect sense for them to be the southeastern bank in question. Sun trust doesn't have a reason to honestly. 

Another I'm wondering about is BB&T. Their CEO is set to retire June 30. Could that mean a major shift in management (location maybe)? BB&T is from Winston-Salem so it's definitely southeastern. It's also the third largest bank in the Charlotte region by deposits and has beat estimates by a good bit for growth this last quarter. They already have 1900 employees in Charlotte, if they move the HQ here and continue with that high growth, they could easily be the anchor tenant on something. But that's just a dream most likely. I doubt BB&T would leave winston.

Edited April 28, 2016 by Nick2

[Niner National]

seriously doubt BB&T moves HQ to Charlotte ever.

[RaleighHeelsfan]

Why? They left Wilson where it had been since the 1800's. lol

 

8 hours ago, Niner National said:

seriously doubt BB&T moves HQ to Charlotte ever.

 

[dcharlotte]

I don't think any bank will be announcing a HQ relocation. However, all of these banks are expanding their operations here because this has become the de facto location for jobs related to financial services outside of NYC. In addition, it has become the best "middle office" market location for the FIRE industry to expand. 

[cltbwimob]

23 hours ago, cltbwimob said:

File this under complete speculation on my part, but I think Charlotte is inching ever closer to being officially designated the HQ of Ally Financial.  The CEO, CFO, and Head of the Banking unit are all based in Charlotte, and I just read this morning that the Chief Risk Officer is moving from Detroit to Charlotte.  Add the fact that financial statements and shareholders meetings are conducted in Charlotte and the fact that they just bought Tradeking, whose CEO is based in CLT (and will stay on as part of the management team) as well I believe, and it is hard to argue that the defacto HQ isn't already here.  Now I think it won't be too long before it becomes official.

And the Observer reports that the new General Counsel will be based in Charlotte as soon as the outgoing counsel retires in September.  The executive team looks to be migrating to Charlotte quickly.

[KJHburg]

New tourist attraction coming to the Charlotte area in Cabarrus county the National Mustang Museum  good tie in with the racetrack, drag strip and all the race shops. 

http://www.independenttribune.com/news/national-mustang-museum-to-call-concord-home/article_691cb652-1399-11e6-b798-23157d516578.html?utm_source=twitterfeed&utm_medium=twitter

[urbanlover568]

I put this in good news, because im looking for a place now XD 

http://www.charlotteobserver.com/news/business/biz-columns-blogs/development/article75641412.html

 

Thoughts? 

 

[Matthew.Brendan]

Seems like I am under charging for my rentals. 

[KJHburg]

Double shot of good news

AIG located in the BB&T center uptown increased their space there by 23,450 sq ft Companies don't do that unless they are adding jobs. 

http://www.bizjournals.com/charlotte/news/2016/05/10/it-firm-aig-expand-office-space-at-bb-t-center.html?ana=RSS%26s%3Darticle_search&utm_source=dlvr.it&utm_medium=twitter

Also CEOs across the country rank NC as the 3rd best state in the country in which to do business ahead of South Carolina by the way 

http://www.bizjournals.com/charlotte/news/2016/05/10/ceos-give-carolinas-high-marks-for-business.html

 

[Richhamleigh, DC]

2 hours ago, KJHburg said:

Double shot of good news

AIG located in the BB&T center uptown increased their space there by 23,450 sq ft Companies don't do that unless they are adding jobs. 

http://www.bizjournals.com/charlotte/news/2016/05/10/it-firm-aig-expand-office-space-at-bb-t-center.html?ana=RSS%26s%3Darticle_search&utm_source=dlvr.it&utm_medium=twitter

Also CEOs across the country rank NC as the 3rd best state in the country in which to do business ahead of South Carolina by the way 

http://www.bizjournals.com/charlotte/news/2016/05/10/ceos-give-carolinas-high-marks-for-business.html

 

 

#3 for "Living Environment" as long as you're not LGBT.  That said, I remember the days when NC was #1 back in the 1990's.

[Nick2]

I'm happy NC still ranks so well among other states. And NC will probably have a shift in politics when this next election comes around. Let's hope it's for the better and not just for something different.

[KJHburg]

Charlotte is number 8 of the list of cities with best job growth http://www.forbes.com/pictures/edgl45heji/no-8-charlotte-concord/  

[KJHburg]

120 new jobs announced in Huntersville with Ensemble Healthcare which just recently added a lot more space in the Huntersville Business Park off exit 23.

http://charlottechamber.com/ed/index.php?src=news&refno=1417&category=Economic%20Development%20News&prid=1417

[KJHburg]

New attraction coming to Concord and Cabarrus county (in addition to the National Mustang Museum) K-1 Speed indoor kart racing https://www.k1speed.com/concord-location.html  in new River Oaks Business Park.  Beacon Properties new River Oaks warehouse park has one 143,000 sq ft warehouse building preleased before completion and has started a 309,000 sq ft warehouse. This is about 1 mile away from the new Amazon warehouse in Concord. http://www.bizjournals.com/charlotte/news/2016/05/16/first-building-full-at-riveroaks-corporate-in.html?ana=RSS%26s%3Darticle_search&utm_source=dlvr.it&utm_medium=twitter

[captainjack]

delete

Edited May 17, 2016 by cjolley92

[Nick2]

According to the emerging trends report done by PricewaterhouseCoopers and the Urban Land institute for 2016, Charlotte is consistently rated as one of the best areas to watch across the board and coming in at number 3 on the list of U.S. Markets to Watch: Overall Real Estate Prospects (page 41), only after Dallas and Austin. Charlotte also ranks as best in the south region for hotel prospects.

http://uli.org/wp-content/uploads/ULI-Documents/Emerging-Trends-in-Real-Estate-United-States-and-Canada-2016.pdf

 

[alb1no panther]

14 hours ago, Nick2 said:

According to the emerging trends report done by PricewaterhouseCoopers and the Urban Land institute for 2016, Charlotte is consistently rated as one of the best areas to watch across the board and coming in at number 3 on the list of U.S. Markets to Watch: Overall Real Estate Prospects (page 41), only after Dallas and Austin. Charlotte also ranks as best in the south region for hotel prospects.

http://uli.org/wp-content/uploads/ULI-Documents/Emerging-Trends-in-Real-Estate-United-States-and-Canada-2016.pdf

 

Awesome find!

[KJHburg]

Local online mortgage company goodmortgage.com may add 200 jobs over next year and half in Charlotte as part of its new owner a VA based company. http://www.charlotteobserver.com/news/business/banking/article78843272.html#emlnl=Business_Review

[KJHburg]

Concord distillery Southern Grace  is moving to jail; the old Cabarrus county correctional facility and going from 3000 sq ft to 30,000 sq feet! Plus they are looking to export to Europe.

http://www.independenttribune.com/townnews/commerce/southern-grace-distilleries-relocating-to-old-cabarrus-correctional-facility-outside/article_21e90ce2-1eeb-11e6-8f5e-ffc5b553bc4c.html?utm_source=twitterfeed&utm_medium=twitter

 

http://www.southerngracedistilleries.com/

Edited May 21, 2016 by KJHburg
link added