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 MonroeChris Schaaf, and Jim Thorp are representing MNES in lease negotiations. Ned Curran and Barry Fabyan represent the park owner, the Bissell Cos.

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