Curt Grantham, a former Crow executive in Orlando, directs 23 million sf nationally for the Charlotte-based bank from his Charlotte office. Crow also provides project management services on an existing contract for the bank's five million sf of headquarters space in Charlotte.

Bank of America initially announced its full outsourcing decision Oct. 3. Crow and the Chicago office of JonesLangLaSalle were given 65 million sf to handle in 38 states, as GlobeSt.com previously reported. Crow received 35 million sf; JLL garnered 30 million sf.

The value of the mangement contract to Crow was not disclosed. National annual average fees are at least 2% to 4% of the portfolio's gross value, senior brokers familiar with comparable transactions tell GlobeSt.com on condition of anonymity.

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