Search
Sponsor

The proposed office tower in Charter Square or one of the towers in the Edison could be a bank’s tower.

A larger bank could acquire Capital, North State, Cardinal, or First Citizens to get a foothold in the market and build a tower. Regions and Fith Third already have small Triangle presences that could be enhanced with a tower. Wells Fargo now has Wachovia, so are out. Citi is pretty weak, so I don’t see them making a splash. But Toronto Dominion (TD) could see what RBC has done and chase them down to Raleigh. I could see them moving here before a JP Morgan Chase which would choose Charlotte, but I would like to be proven wrong!

In the “even less likely but who knows” category could be the European banks — Barclays, HSBC, the Scotland banks, etc. Deutsche Bank would chose Charlotte due to their airport’s flights to Germany.

Leave a Reply

You must be logged in to post a comment.

Sponsor
Recent Posts
Constructions