#officeclosure

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People working in the Ford Train Station office in Detroit are not going to be happy returning to the office five days a week

Due to the huge losses on the Ford Lightening, Ford needs to cut office facilities expenses. Ford's turning the building heat off for the remainder of the Winter in the Train Station office.


Mercedes-Benz Financial Services to lay off 157 Farmington Hills employees

A total of 157 current employees of Mercedes-Benz Financial Services in Farmington Hills, Michigan, will lose their jobs as part of an office relocation.

The company filed a WARN Act notice this month with the Michigan Department of Labor and Economic Opportunity, explaining how a previously announced company move settled out.

https://www.cbsnews.com/detroit/news/mercedes-benz-financial-services-to-lay-off-157-farmington-hills-employees/


Mercedes-Benz Financial Services Relocates

Mercedes-Benz Financial Services is cutting 157 positions. These job losses stem from an office relocation to Georgia. A WARN Act notice was filed by the company. Overall, 265 employees were impacted by the facility's closure. The 157 affected individuals chose not to move and face layoffs by August 2026.

https://www.cbsnews.com/detroit/news/mercedes-benz-financial-services-to-lay-off-157-farmington-hills-employees/


Ireland & UK - office closures

Cork, Liverpool, Poole how are you doing? Any updates on when offices expect to close? Are any of you offered BAH contracts or relocation?

Wexford employees who are now BAH, did you get a new BAH contract where it says you may have to return to office or how is it working for you?


Wausau Equipment is shutting down its New Berlin headquarters.

Wausau Equipment, a company specializing in the design and manufacturing of snow removal and ice control products, has announced it will close its corporate headquarters located at 1905 S. Moorland Road. This decision will result in the layoff of all 67 employees at the New Berlin facility.

https://www.heremilwaukee.com/wausau-equipment-closure-new-berlin/


ANOTHER office relocation to cut headcount

AT&T’s latest office shuffle in San Antonio is fueling speculation about the future of its downtown Dallas headquarters.

The telecommunications giant confirmed it will vacate its office at 1010 N. St. Mary’s Street in San Antonio and relocate to the city’s West Side, according to the San Antonio Business Journal article published September 29.

The move will leave about 400,000 square feet vacant in the city’s downtown office market, which has already been weakened by recent corporate exits.

Sources familiar with the transaction told the San Antonio Business Journal that AT&T signed a deal last week to occupy more than 100,000 square feet at The Reserve at Westover Hills, a suburban complex that had been largely empty since 2021.


Boca News Update

Mutual of America Life Insurance Co. has sold its Boca Raton office campus for a combined $23.75 million, paving the way for a major redevelopment.

The 11.7-acre property at 1150 NW Broken Sound Parkway was purchased in two transactions—$16.875 million by Broken Sound Boca LLC and $6.875 million by MBAL Commercial Owner LLC. The buyers are a partnership that includes Ram Real Estate, Butters Construction & Development, and Altman, part of BBX Capital Corp.

Under the redevelopment plan, Ram Realty will oversee the multifamily component, while Butters will take the lead on the industrial portion. The campus currently features a 76,761-square-foot office building occupied by Mutual of America, which has until July 2026 to relocate before the structure is demolished.

Approvals are already in place for a 287-unit apartment community with a seven-story parking garage offering 481 spaces. The residential plan includes 29 affordable units and 15 workforce units. The industrial section is slated for 63,624 square feet of small-bay warehouse and office space across two two-story buildings, along with 136 parking spaces (1)

The sales proceeds will help cover severance packages for the upcoming layoffs and restructuring, and help the company turn its first profit in 8 yrs.

(1) from CRE South Florida**


Sales down bad at northpark

Now because Plano is going to close. They threw out a fig leaf. They want to keep flagship open..Taxpayers already bailed it out.

Hope the city council doesn't give more money to this debt ridden company . While legitimate things could occur...I know Nordstrom would never do such and I support them. Even if their stuff is tame. Bloomingdales is looking at this market as ripe besides panned store in Frisco.


El Segundo Office to Close

I heard from our AVP and SVP today that all of our department’s roles in El Segundo are being made redundant and backfilled to Dallas. So it’s either pack up your bags and join the herd in Downtown Dallas or leave.

Exactly how bad is it down there in Dallas. I hear the commute, parking, and desks are an issue. How does a Fortune 50 company have such major real estate problems?


No agua an El Segundo = No RTO

Even the plumbing gods hate RTO. El Segundo office closed today due to no running water. Hopefully the rain expected this weekend will make for a nice long, slow repair process. Doubt it but it would be nice. Great to be to work without distractions and a pointless commute even if it’s only for a day or two.


Is there talk of shutting down the Ravinia office in Atlanta?

I have this feeling I’m not long for my current position anymore if that happens. I work under John Blanchards org and we just had a layoff in August. I think I’m being paranoid but since Srini is taking over soon… I just don’t know. The market is brutal now and I’m job hugging like a motherf----rI’m not ready to leave yet.

Has any C-Level exec ever been to the Atlanta office?


Minnesota Cut

Upper management in Bloomington was just briefed this morning by Atlanta and Dallas that due to high costs, low productivity, high absenteeism, non-collaborative local union and unfavorable politics for business, the Minnesota office will be announced 12/15/25 complete closure by end of first quarter for all orgs and work groups at that premise. Facilitating ease is that the current lease shall be terminated 3/31/26 as the new property owner has other plans for the site. All union workers will receive the termination plan per contract and management employees will be advised of their severance pay. Costs need to be cut and the Minnesota location does not align with the company's plans.


Wells Fargo Dallas office issues for Denver/Frisco

Grand opening of the new state of the art office in Dallas may become a big issue for Denver’s neighbors in the cash register building.

Possible that WF will look to relocate/layoff associates and minimize or close that office in the future. Making soon to be let go TIAA Denver associates job hunts more difficult … while also instantly make it even harder than it already is to find that fresh young talent in Frisco at TIAA….

What a tremendous job by TBD and her team of talented executives including puff daddy’s right hand man and the the Texas location “worm in the ear” started by smart people in the late great Herb Alison leadership and his team that was the greatest leadership era of our time before TBD who will only surpass his excellence. (sarcasm)

https://www.credaily.com/briefs/financial-hub-wells-fargo-opens-570m-north-texas-campus/


HP San Diego, the end of an era

HP San Diego Closure, the end of an era (the era when HP put employees above stock price).

https://www.linkedin.com/posts/jaymelubben_it-was-bittersweet-to-attend-the-hp-san-diego-activity-7367689036586549249-2l9r/

"The handling of the closure of HP’s San Diego office has been a mess. Some people have received move or exit packages and know their last day and others have received nothing. We are being told that it is with HR and only they know. The site is closing on Oct 31 so the final date is known but nothing else is. Anyone else seeing this? This is really disappointing how badly this is being handled."

https://www.glassdoor.com/Community/job-hunting-in-tech/the-handling-of-the-closure-of-hps-san-diego-office-has-been-a-mess-some-people-have-received-move-or-exit-packages-and-know


LA office to close

I heard from an AVP and SVP that T is exiting out of the LA buildings by early next year. It seems with the DirecTV sell off being completed, the company has no need to maintain office space or further operations there.

Anyone else located in LA hear anything? Are they being laid off and offered severance or told to relocate to Dallas first before that becomes an option? Does it make sense to relocate to Dallas in such an event?