Duke Energy is one of the largest energy holding companies in the United States. Its Electric Utilities and Infrastructure business unit serves approximately 7.5 million customers located in six states in the Southeast and Midwest.

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It could be a sign of things to come -- Duke Energy announced they need less than half the real estate they currently use for all of their employees, as many employees transition to working remotely.

The move will ultimately save customers money but could signal a challenge to commercial real estate in Uptown Charlotte.

"Because we're transitioning to a more hybrid work environment, we really didn’t need as much real estate as we occupy," company spokesman Neil Nissan said.

The Duke Energy Plaza -- currently under construction in Uptown and set to be ready for workers in 2023 -- will eventually house all 6,000 of their Charlotte workers, even though there's only space for 4,400.

More info:
https://www.wcnc.com/article/money/duke-energy-downsizing-real-estate-footprint-employees-working-home/275-4c5b06b7-e162-414b-be80-732ef7d1e94e

Duke Energy downsizing real estate footprint as many employees want to work from home

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Duke Energy is one of the largest electric power holding companies in the United States, providing electricity to 7. 6 million retail customers in six states. They have approximately 49,500 megawatts of electric generating capacity in the Carolinas, the Midwest and Florida and natural gas distribution services serving more than 1. 6 million customers in Ohio, Kentucky, Tennessee and the Carolinas.

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