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525 N. Tryon Hits 100% Occupancy Mark

CHARLOTTE, NC-In one of three deals, Bank of America signs a 32,432-sf expansion deal, bringing its total to 296,637 sf in the 19-story office building.

By Melissa Kress | Updated on November 01, 2006

CHARLOTTE, NC-Three companies have inked separate deals to take the 19-story office building a 525 N. Tryon St. to the 100% mark. The leases total 67,492 sf and include one expansion.

In the largest deal, Bank of America signed to take an additional 32,432 sf of office space at the 405,360-sf class A tower. The lease takes the bank’s space to 296,637 sf, according to Anthony J. DeFazio, director of public relations for American Financial Realty Trust, the property’s owner. The expansion will address Bank of America’s future growth, AFR explains.

In addition, the Bethesda, MD-based Reznick Group signed an 11-year lease for 26,201 sf. The deal moves 60 employees from 309 E. Morehead St. And in the third deal, GW Fins, a New Orleans seafood restaurant, will open its first Charlotte restaurant with a 8,859-sf, 10-year deal at 525 N. Tryon, according to AFR.

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