University area poised for rebound [Yahoo! Finance]
Centene Corporation (CNC)
Last centene corporation earnings: 4/28 06:00 am
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Source: Yahoo! Finance
The University City area, where vacancy rates have risen over the last four years to reach a high of 22.8%, is on the cusp of welcoming a major corporate hub. Pennsylvania-based The Vanguard Group's move into a vacant, 700,000-square-foot office campus next year will drop University's vacancy rate to about 16%, the lowest it's been since 2021, according to CoStar, an industry data analysis firm. Vanguard plans to move 2,400 of its Charlotte-area employees to that location. ALSO READ: Plans for coffee shop in parking garage in University City moves forward Brokers and analysts expect it will be a transformative event — for the office market as well as the retail and multifamily sectors and the overall housing market. Vanguard acquired the sprawling campus off Governor Hunt Road, originally built to be the East Coast headquarters for Missouri-based Centene Corp., in April for $117 million. The company declined to comment for this story. Sagar Rathie, managing director at Cresc
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CNC
Earnings
- 10/25/24 - Beat
CNC
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form 4
- 11/13/24 - Form SC
- CNC's page on the SEC website