Downtown Raleigh’s Charter Square luring tech companies that are hiring
RALEIGH, N.C. — The owners of the Charter Square office tower in downtown Raleigh have signed three new tenant deals in the past couple of weeks – one with Industrious, Raleigh’s newest co-working group for entrepreneurs and start-up companies in the downtown district, Triangle Business Journal reported.
Industrious, the New York-based company that’s been opening co-working space in major metro areas with strong technology sectors like Austin, Texas; Atlanta; and Nashville, Tennessee, will be expanding into another 12,000 square feet at Charter Square, confirms building co-owner Andy Andrews of Raleigh.
In November, Industrious opened its first co-working space in Raleigh, taking all of the 22,000 square feet on the third floor of the 11-story office building on Fayetteville Street. Industrious officials said, at the time, that it could accommodate about 200 employees and workers at its current space before it would need to expand again. Officials from Industrious were unavailable for comment for this report.
Also relocating and expanding with a new lease deal is security software firm Distil Networks, which will be moving into 7,727 square feet at Charter Square. Distil Networks in June had closed a $21 million round of funding with plans to bulk up its Raleigh operation.
The third new company moving to Charter Square will be Infusion, a New York-based tech company that’s currently operating at 711 Hillsborough St. near HUB Raleigh.
Photo courtesy of Charter Square
Source: Triangle Business Journal