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In an example of office-occupying activity, a long-term lease was recently inked by Waste Management Inc., which is to occupy nine floors at Capitol Tower consisting of approximately 284,000 square feet.
The Westchester County, NY-based firm reports that Argent Ventures of New York City will open a 20,000-square-foot location on two floors at Westchester One in Downtown White Plains in the second quarter of 2019.
The land acquisition was fueled by a period of sustained economic growth in the Charlotte area as well as continued residential and commercial growth along Kannapolis Parkway. No terms of the transaction were reported.
Academy on Vine is located on a 3.5 acre, full-city block that was acquired from The Academy of Motion Pictures Arts and Sciences in 2013. The project will include three office buildings and a 20-story residential tower.