trending Market Intelligence /marketintelligence/en/news-insights/trending/mi2kiygXFLf6Cy-auGuN_w2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Truist Financial to buy Charlotte, NC, building from Cousins for $456M

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Truist Financial to buy Charlotte, NC, building from Cousins for $456M

Truist Financial Corp., a merger between BB&T and SunTrust Banks Inc., exercised an option to buy Hearst Tower in uptown Charlotte, N.C., from real estate investment trust Cousins Properties Inc. for $455.5 million.

The property at 214 N. Tryon St. will be renamed Truist Center and serve as Truist's headquarters.

The property deal is set to close in March 2020.

Truist's executive management team has already moved to the new premises, while approximately 2,000 employees are transitioning. They will occupy over 550,000 square feet of the nearly 965,000 square-foot building.

The headquarters will include several leadership teams for corporate functions, such as communications, finance, human resources, insurance, legal, risk management and technology.

Truist said it also agreed to purchase a location in Charlotte for its innovation and technology center. The company did not disclose details of the agreement.