Wells Fargo company announced last week the bank will lease 287,507 square feet in Ballantyne Corporate Park.
The bank joins several other tenants who signed with the Bissell Companies – owner of Ballantyne Corporate Park – in the third quarter to push the company to a total of 185,005 square feet of other space spoken for during the time frame, according to a release from the company.
Wells fargo plans to use the space at Ballantyne to combine existing teams and accommodate future growth needs.
“Wells Fargo continues to see steady growth in Charlotte, which has challenged our ability to meet our workspace needs,” said Bob Bertges, Corporate Properties director for Wells Fargo, in the release. “Finding a solution to our space needs has been a top priority and we believe this new building will help us better handle the demands we are facing and provide us with room for future growth.”
The 10-story Brigham Building, built to LEED® Gold specification, is located at 11625 North Community House Road. Overlooking the 12th hole of The Golf Club at Ballantyne, the Class A building features a two-story lobby, glass exterior curtain walls and free structured parking. The building is set for completion next month, with occupancy by Wells Fargo in 2017.
“We are honored Wells Fargo has chosen to expand its presence in Ballantyne Corporate Park,” said Smoky Bissell, chairman of the Bissell organization, in the release.
Additional Recent Leasing Activity
Bissell also signed renewals, expansions and new leases in the third quarter of 2016 totaling 185,005 square feet at Ballantyne Corporate Park. Novant Health renewed its lease of 49,105 square feet at the Winslow Building. NAI Southern Real Estate’s Caldwell Rose represented Novant Health.
TD Bank, represented by CBRE’s Mike Fahey, renewed its lease and expanded to 18,514 square feet at the Irby Building. CorVel, represented by Cresa’s Abel Wenning, leased 17,685 square feet at the Chandler Building. Meritage Homes of the Carolinas, represented by Eternity Real Estate Group’s Petr Vasicko, leased 11,383 square feet at Brixham Green Three and renewed its lease of 3,289 square feet at the Calhoun Building, according to the release.
Movement Mortgage, represented by Mohr Partners’ Jack Glasgow, extended its lease of 11,323 square feet at the Hayes Building. Charlotte Gastroenterology & Hepatology renewed its lease and expanded to 11,257 square feet at Ballantyne Medical Two. Sentry Insurance, represented by JLL’s Conor Brennan, leased 7,712 square feet at the Calhoun Building.
S2S Global, a wholly owned subsidiary of Premier, Inc., represented by JLL’s Chris Schaaf, leased 4,989 square feet at Cullman Park. Highland Capital Brokerage, represented by Foundry Commercial’s Dan Woodley, renewed its lease of 4,853 square feet at Brixham Green One. Woodforest National Bank leased 4,595 square feet at the Simmons Building.
Bissell also completed a number of other transactions totaling 40,300 square feet.
Ballantyne Corporate Park, a 535-acre, master-planned business community in Charlotte includes more than 4 million square feet of Class A office space and nearly 600 hotel rooms as well as restaurants, medical and retail amenities. Ballantyne Corporate Park, which has been recognized as the International Office Park of the Year by the Building Owners and Managers Association, is zoned for in excess of six million square feet of office space. Ballantyne Corporate Park is positioned in the heart of Charlotte’s largest concentration of educated and experienced labor. Current corporate clients include SPX Flow, Bank of America, MetLife, Snyder’s-Lance, Premier, Liberty Mutual, LendingTree, Camstar, Synchrony Financial, TIAA and XPO Logistics.
The Bissell Companies Inc. is a real estate firm that offers a complete approach to fulfilling office and hotel needs in Charlotte. Founded in 1964, Bissell is widely recognized as a principal developer of Ballantyne Corporate Park and SouthPark – two of the Southeast’s largest and most successful mixed use communities. Bissell specializes in commercial development and leasing, property services and hospitality.