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Regional Bank Scores Naming Rights on Atlanta Highrise
SouthState Bank leased 87,000 square feet at the 19-story Prominence building, making it the building’s largest tenant. That means it gets to plaster its name on the top of the building.
The Atlanta Business Chronicle reports that Prominence, the tower at Piedmont and Lenox roads, was completed in 1999 and has, over the years, supplied space to Marsh & McLennan, Wells Fargo Insurance and GE Digital.
Earlier this year, SouthState said it would acquire Texas-based Independent Bank Group Inc. for $2 billion, creating a combined bank with $65 billion in total assets.
In Atlanta, SouthState ranks ninth in deposit market share with $8.2 billion of deposits as of June 30. It has 44 branches in Georgia.
JLL’s Josh Hirsh and Patrick Baughman represented SouthState in the deal.
