City National Bank of Florida will take up 13,500 square feet at the 28-story, 390 N. Orange Ave., open its branch on the ground floor and attach its name to the top of the building. The bank will move its roughly 10 employees across the street from its current 6,000-square-foot digs at 355 N. Orange Ave. where it may sublease that space. The iconic high-rise formerly was known as the Bank of America Center before Charlotte, North Carolina-based Bank of America Corp. moved into Bank of America Plaza, at 300 S. Orange Ave., earlier this year. City National Bank’s signage likely will appear at the top of the skyscraper in late first quarter. City National Bank of Florida signed the lease agreement in late December. CBRE‘s Jay Dixon and Tom Rich represented 390 N. Orange Ave.’s landlord and JLL‘s Matthew Goodman represented City National Bank in the negotiations. Meanwhile, 390 N. Orange Ave. has undergone millions of dollars in upgrades in recent months, including improvements to the lobby, courtyard and fitness center. The tower is more than 80% occupied.
“We’re excited to have City National to take over the retail operations and expand their presence downtown,” Dixon said.Source: OBJ
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