Print
Banking & Finance

NCino Unveils Newest Space And A Commitment To Continued Growth

By Jenny Callison, posted Nov 18, 2022
Banking software firm nCino celebrated its expansion in the Mayfaire area this week. (Photo courtesy of nCino)
Evidence of nCino’s growth was on full display Thursday as the banking software company cut the ribbon on its newest office building in the Mayfaire office park.

nCino 2, as it’s called, boasts 90,000 square feet of office space and contains conference rooms, cubicles, offices for business visitors, a kitchen and a “stairtorium,” an amphitheater-like gathering space near the building’s entry.
 
“There’s a lot of Wilmington in this design, which also reflects our [company] culture,” nCino CEO Pierre Naudé said at the event, adding that the design team for the banking software firm "understands our mission and where we want to go." The building’s layout, space allocations and features are designed to promote collaboration, inspiration and interaction, but also fun, he added.
 
Wilmington Mayor Bill Saffo was present to wield the scissors and to echo Naudé’s comments about the city’s growth over the past decade from a tourist destination to a regional tech hub that now attracts new talent from all over the U.S.
 
“Companies like nCino have made that change,” he said, adding that as firms such as nCino, Live Oak Bank and PPD have invested in the community, the city has invested in features such as the Riverfront Park, Live Oak Bank Pavilion and recreational trails to enhance residents’ quality of life.
 
nCino 2 is the fourth building on the company’s Mayfaire campus. The original, nCino 1, holds 90,000 square feet of space containing the company’s headquarters offices, conference spaces and a kitchen on each floor. It also holds a Bitty & Beau’s coffee shop and the company’s “Fun Zone,” used for special events and affinity group meetings.
 
nCino 3, a short walk from the headquarters building, holds 40,000 square feet of conference rooms, offices and open workspaces. The company uses nCino 4, a 20,000-square-foot space, as a conference center and accommodates additional employee needs throughout the year. New employees go through Bootcamp and other orientation activities in this building.

Cloud Real Estate Holdings LLC, a Wilmington investment group comprised of entities affiliated with Cameron Management, SHP Acquisitions and Trask Land Co., entered into an agreement with nCino year to acquire, lease back and develop the expansion, according to an announcement last year.

Cloud Real Estate bought the property at 6770 Parker Farm Drive, including the existing nCino headquarters building, for $16.3 million at the end of 2020. Trask Land Co. is the developer for the expansion, Cameron Management is serving as co-developer, the general contractor is Thomas Construction Group and the architect is LS3P.

 The company continues its strong hiring streak and now employs more than 1,750 people globally, with more than 650 of them based on the Mayfaire campus and another 270 or so working remotely in this area.
 
nCino’s own internal design team, working with vendors, architects and designers, created a facility that boasts a number of green features. The most obvious is a 25-foot-high preserved moss wall in the lobby. Building finishes include reclaimed wood from local waterways. “Treehouse” balconies integrate the outdoors into the workspaces, with seating available beneath a preserved oak tree.
 
Artwork features preserved sea life specimens in driftwood frames, set against rippling wall surfaces. Building materials were chosen for their sustainability and healthful features; installation features conformed to requirements within the WELL Building Standard.
 
A new parking deck adjacent to nCino’s headquarters building enables the company “to use a smaller footprint to house [about] 600 parking spaces and reduce the impact on the site,” a company summary stated.
 
At the end of nCino’s second quarter, July 31, it reported more than 1,750 customers. The company maintains offices in Salt Lake City, Toronto, Tokyo, Sydney, Melbourne, London, Paris and Madrid.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Katiebraskett web

September 2022 Freight Market Update

Katie Braskett - MegaCorp Logistics
Brookeskipper saltair headshot2

Improving Indoor Air Quality Requires a Systematic Approach

Brooke Skipper - Salt Air
Chris coudriet

A Public Service Profile on Community Connections

Chris Coudriet - New Hanover County Government

Trending News

Law Firm Relocates From Downtown To Autumn Hall

Staff Reports - Jan 31, 2023

Aiming To Possibly Revive Project Grace, Firm Seeks Business, Community Support

Cece Nunn - Jan 31, 2023

Stone Distributor Slated To Purchase Land In County Business Park

Johanna F. Still - Feb 1, 2023

Rangers Minor League At Play: Will Leland Win Where Wilmington Struck Out?

Johanna F. Still - Feb 2, 2023

At Riverlights, Independent And Assisted Living Development On The Way

Cece Nunn - Feb 2, 2023

In The Current Issue

Season’s Change At Julia’s Florist

Longtime Julia’s Florist owner Dana Cook has given her most loyal employees their well-deserved flowers. On Dec. 22, Cook handed the city’s...


Tech Streamlines Mortgage Industry

Like every other aspect of banking, mortgage lending continues to change as technology streamlines processes and gives would-be borrowers ac...


Longtime Bowling Center Stays In Fast Lane

Winter is bowling’s peak season in Wilmington, where it's tough for indoor venues to compete with the beach during the summer....

Book On Business

The 2023 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2022 Power Breakfast: Wilmington's Most Intriguing People - Spence Broadhurst & Hannah Gage
2022 Power Breakfast: Wilmington's Most Intriguing People - George Taylor
2022 Power Breakfast: Wilmington's Most Intriguing People - Mike Ford
2022 Power Breakfast: Wilmington's Most Intriguing People - Meaghan Dennison
2022 Power Breakfast: Wilmington's Most Intriguing People - Rhonda Bellamy