Vanguard buying sprawling University City campus that Centene abandoned. What we know. [The Charlotte Observer]
Wealth management giant Vanguard is moving into a newly built 91-acre campus in
The
Vanguard said it is planning to consolidate its local operations and workers in the new campus.
Vanguard opened its first Charlotte office in 1997 and employs more than 2,400 people in the region. The company offers investments, advice, and retirement services to tens of millions of clients around the world.
Employees will have a better experience at the new modernized campus and benefit from in-person collaborations, said
The Charlotte facility includes new office space, along with such amenities as dedicated collaboration spaces, a conference center, full-service cafeteria, outdoor eating and walking areas, EV charging stations and a fitness center.
A Vanguard spokeswoman declined to disclose the purchase price for the property.
Real estate brokers from Cushman & Wakefield’s Charlotte and
What happened with the
In 2020,
At time,
But in the year preceding that decision, the company also saw significant leadership changes and a pivot to consolidating real estate to help boost profit margins, the Observer previously reported.
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