MITSUBISHI PICKS BALLANTYNE

Any lingering concern about nuclear safety hasn't hurt local real estate in that sector. Mitsubishi Nuclear Energy Systems will lease 26k SF of space at Ballantyne Corporate Park, where it'll employ about 135 engineers and other professionals within the next five years. It also plans to spend  $4.1M on capital improvements.
 

MNES (a US subsidiary of Mitsubishi Heavy Industries) CEO Kiyoshi Yamauchi recently made the announcement in Charlotte with Gov. Bev Perdue and the NC Dept. of Commerce?s Dale Carroll. MNES, HQ?d in Arlington, Va., provides products and services that support new and existing US nuclear power plants. Charlotte Chamber president Bob Morgan says the company's decision to expand here furthers the region?s efforts to become an energy hub. JLL's Chase Monroe, Chris Schaaf, and Jim Thorp are representing MNES in lease negotiations. Ned Curran and Barry Fabyan represent the park owner, the Bissell Cos.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Charlotte Extends Data Center Moratorium For 11 More Months

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Developer Buys Land For Active Adult Apartments Near Novant Health Hospital

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error