Bank of America Plaza, which is 96% leased, has a wider low-rise portion and a skinnier high-rise portion. Doug Winshall, Trizec's Eastern Region EVP tells GlobeSt.com that BofA leases 480,000 sf in the low rise and about 160,000 sf in the high rise, and does not have any options for additional space in the building. The building address is 101 S. Tryon.

The lease commitment was the largest BofA made in 2004. In July 2005, BofA inked a 15-year renewal for 330,000 sf in 101 Independence Center, a 526,000-sf building that sits adjacent to BofA Plaza. Shortly after the lease was signed, Cousins Properties sold the building to Jenkintown, PA-based American Financial Realty Trust for $100 million.

The rate and length of the bank's BofA Plaza lease renewal was not released. The length is believed to be about 15 years. The lease rate could not be determined, but according to its most recent annual report the average current in-place base rent for its two Charlotte properties, including expense reimbursements, was $19.20 per sf per year.