CHARLOTTE, N.C. — After spending some time marketing 1 Bank of America Center for lease, owner Bank of America (BOA) has decided to occupy almost all of the space in the Charlotte office tower. The bank will occupy 720,000 of the tower's 750,000 square feet, with the remaining 30,000 square feet already committed to other office tenants.
“We're constantly looking at ways to enhance our portfolio in Charlotte,” says BOA spokesperson Kelli Cishek. “This property had come online, and we were anticipating needing space for new growth for our existing employees in the Charlotte area, so we're going to utilize our own property.”
The announcement is good news for the Charlotte office market. Some have been uneasy about he bank's future in Charlotte since former CEO Ken Lewis was replaced by Brian Moynihan, who resides in Boston. However, Moynihan and others at BOA assert the company is committed to the city, and this is further demonstrated by the lease.
1 Bank of America Center opened this week and will hold a ceremony next week to mark the completion of construction. The 30-story office tower is also applying for the Gold level of LEED – New Construction certification. It features Sky Gardens on every third level as well as a transparent Urban Garden that links the building with the adjoining Ritz-Carlton Hotel.
— Coleman Wood