JPMorgan Chase is planting another flag in Charlotte. The nation’s largest bank by assets has leased 145,000 square feet of office space in SouthPark, a deal expected to bring roughly 400 jobs to the city’s south side and deepen a presence that already spans thousands of employees across the metro area.
The new office will occupy space at 4725 Piedmont Row Drive inside Piedmont Town Center, a mixed-use development that combines corporate offices, retail, and residential units along one of Charlotte’s most established commercial corridors. The Charlotte Business Journal and the Charlotte Observer first reported the lease size and job projections, and JPMorgan has not disputed the figures.
“Charlotte has become one of the most competitive financial services labor markets in the country,” said Patrick Gildea, a commercial real estate broker with CBRE in Charlotte. “When a tenant the size of JPMorgan commits to a lease of this scale in SouthPark, it sends a signal to the rest of the market that suburban office is far from dead.”
Why Charlotte keeps winning JPMorgan jobs
Charlotte is already one of JPMorgan’s largest employment centers outside New York. The bank operates offices in Uptown, South End, and Ballantyne, with a local workforce that has climbed steadily over the past decade as the firm shifted more technology, operations, and risk management work to the Sun Belt…