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Portman SouthEnd – Hawkins btw Ashton and Sycamore.


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2 hours ago, kermit said:

SVB Securities has joined the exodus of firms from Uptown towers into newer space in Southend. They have moved into 12,000 sq ft at The Line.

https://www.bizjournals.com/charlotte/news/2023/01/09/svb-securities-the-line-south-end-real-estate-cre.html

Interesting I thought SVB was leasing like 3 floors not just one part of one.  Or is just this Securities division and there is more?

Silicon Valley Bank looks like they are hiring at least 59 people here in Charlotte so maybe there is more space to come.

https://svb.wd5.myworkdayjobs.com/svbank?locations=4aeec87d52df01253042dd021600971b

 

Edited by KJHburg
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On 2/12/2023 at 1:43 PM, KJHburg said:

My friend took these on Friday (last day of full sunshine LOL)

He said he talked to a tenant in the one story building recently and they said the landowner will not be renewing their lease meaning this site in the foreground will be redeveloped too (more than likely into a high rise)   2nd photo where there is sushi bar at one end and some offices towards the other Railtrail end.  

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Well that makes me feel OLD! I worked on this adaptive re-use project during a summer internship with Andujar Construction in 2014.

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On 2/12/2023 at 1:43 PM, KJHburg said:

My friend took these on Friday (last day of full sunshine LOL)

He said he talked to a tenant in the one story building recently and they said the landowner will not be renewing their lease meaning this site in the foreground will be redeveloped too (more than likely into a high rise)   2nd photo where there is sushi bar at one end and some offices towards the other Railtrail end.  

 

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I know someone who owns a business here and actually helped them to upfit their space about 8yrs ago.  I’m 99% sure each of the spaces in that building are individually owned, condo-style.  Maybe the person your friend talked to sub-leased from an individual owner that isn’t renewing their particular unit?

Edited by turbocraig
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