Whats next? The Greensboro NC site (Bank of America) Triad Center @ 4161 Piedmont Parkway building was sold for $6.1 million dollars to a company in Charlotte NC called Grubb Properties. The lease on the building had initially expired in 2015. Bank of America currently utilizes 75% of the building and the other 25% is just empty space. In your past experiences what will be next with the current employees at the Greensboro NC site?
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LOL. There were Greensboro site layoffs on 2/22/17. They weren't mentioned because this is the most chickensh*t of BofA sites. Of course, part of the place is for rent; so far no takers, there is a new cafeteria to feed and sooth the masses (carb up and nap after lunch) and the dying gasps of all legacy positions now poised to fall into the abyss. It is just fun to post this far back because people are too lazy to go back and read old threads.
The good news is the new prop mgmt saw fit to upgrade the caf. So eat up while you can.
Few months back a support team was told they would be laid off end of year. They were told last Friday it will now be end of Sept. I know it's not a lot of people on that team but that parking lot is getting more and more empty.
Below are the links to publicly available information on (1). the lease which was renewed on 06/11/2016 and is set to expire on 06/10/2022. It was recorded on 04/06/16 at 11:44 A.M. (2) The transfer (i.e. Special Warranty Deed) of property to Grubb Properties on 08/04/16.
Why oh why does no one do their own research??
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http://publicrecords.onlinesearches.com/view/slid/2862 (click 4/6/16 pdf)
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http://rdlxweb.co.guilford.nc.us/view_image.php?file=/img/r/007841/001035.tif&type=pdf&sessid=41bf7ba9a32fa5f65f4a30a591df32dd
Have you heard of a new lease being signed? Nope...the just paying month to month rent!
What are you trying to read into a sale from the previous owner (not Bank of America) to another party (again, not Bank of America)? These types of real estate sales happen all the time and don't necessarily indicate any change to the current leases. If, as you say, the current lease expired last year, don't you think that BofA would have vacated the premises by now if they hadn't signed a new lease?
Here's the full story: http://www.bizjournals.com/triad/news/2016/08/10/triad-office-building-sold-for-6-1m.html