On Sept. 1, 2001, the bank merged with Wachovia Bank, creating Wachovia Corp., which as of Sept. 30 held assets totaling $326 billion. The 1.15-million-sf, 55-story, class A office building has become a South Florida landmark. It's currently owned by Lend Lease USOT, which acquired it in a joint venture with German syndicator The KanAm Group in August for $270 million.
Insignia/ESG is the building's property manager and exclusive leasing agent. Construction on the building began in 1982. It is currently about 95% leased. The property's amenities include a retail plaza, a health club, The Miami City Club and valet parking.
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