Fintech firm Figure taking chunk of Legacy Union office space vacated by Robinhood in uptown Charlotte
San Francisco-based fintech firm Figure Technologies will sublease some of the office space left vacant by Robinhood Markets Inc. at Legacy Union’s SIX50 building in uptown Charlotte.
Lincoln Harris announced today that Figure will occupy 24,000 square feet on the building’s eighth floor, which is about half of Robinhood’s (NASDAQ: HOOD) current space. Lease terms were not immediately available.
Robinhood’s Charlotte headquarters, at 650 S. Tryon St., opened less than a year ago, in September 2021. The fintech company announced earlier this month that it would be closing its Charlotte office following a second round of companywide layoffs. The job cuts will impact 23% of Robinhood’s workforce, including 82 people in Charlotte.
About 90 employees from Figure’s lending division will move into the space after Robinhood vacates. Figure’s local office is currently at 15720 Brixham Hill Ave. in Ballantyne. It has raised more than $1.2 billion, including a $200 million Series D funding round last year.
Lincoln Harris President Johno Harris said in a statement today that being able to lease a portion of that space so quickly, following the announcement, is a testament to commercial real estate in Charlotte.
“There continues to be high demand for premium Class A office space in Charlotte’s central business district,” he said. “We believe that businesses thrive with collaboration and companies are looking for more modern, efficient and flexible floor plates with amenities that foster employee interaction.”
650 S. Tryon is an 18-story, 362,000-square-foot office building that represents the second phase of Lincoln Harris’ Legacy Union project. The local real estate company broke ground on the project’s fourth office building earlier this year, at 600 S. Tryon St.