Wednesday, 24 April 2013

MetLife brings 1380 jobs to Ballantyne Corporate Park in South Charlotte

Multiple news sources are reporting that MetLife Inc. is bringing approximately 1380 jobs to South Charlotte in the Ballantyne neighborhood. As reported by Deon Roberts at the Charlotte Observer, the company is hiring new positions in Charlotte and moving some jobs from various other locations, including New Jersey. This is already having an impact on the Charlotte real estate market due to increased demand for Charlotte area homes:

Kam Pardasani, a Wilkinson & Associates broker, said he expects to see a rise this summer in MetLife employees looking for homes in the Charlotte area. And he’ll get to help the employees find homes: Charlotte-based Wilkinson is among the local real estate companies that have been picked to help the first wave of MetLife employees search for housing.
New York-based MetLife plans to create a retail operations hub in Ballantyne, with jobs expected to pay about $80,000. The company expects to transfer some employees to Charlotte from New Jersey and elsewhere, but also hire some here. MetLife spokeswoman Meghan Lantier said the employees will begin moving into Ballantyne Corporate Park by mid-November.
Some MetLife employees have already put homes under contract in south Charlotte, according to those with knowledge of the sales.
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According to a published report by reporter Will Boye at Charlotte Business Journal, MetLife Inc. will occupy about 340,000 s.f. of space at Ballantyne Corporate Park:
MetLife Inc. will occupy 340,000 square feet at Ballantyne Corporate Park, leasing the entire Gragg building as well as two floors of the Woodward building, according to a release from The Bissell Cos., the developer and owner of the south Charlotte office park, and MetLife.
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If you're relocating to Charlotte, please call Kam Pardasani, North Carolina's leading Charlotte relocation specialist, at 704-469-4223. Kam specializes in executive relocation services, and has worked with employees and executives at many Fortune 500 companies, including MetLife Inc., Chiquita Brands International, and Microsoft.