BB&T and SunTrust choose building in Charlotte for new headquarters
BB&T (BBT)
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Source: PR Newswire
WINSTON-SALEM, N.C. and ATLANTA, June 12, 2019 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) and SunTrust Banks, Inc. (NYSE:STI) today announced 214 N. Tryon St., Charlotte, North Carolina, will be the new corporate headquarters location for the proposed combined company resulting from their merger of equals. Over the next several years, the proposed combined company will transition people to occupy more than 550,000 square feet of the nearly 965,000 square-foot tower. "This is a signature tower in the Uptown area of Charlotte, and the perfect spot for the new company's headquarters," said BB&T Chairman and Chief Executive Officer Kelly S. King. "This prime location will put our new company in the heart of the vibrant financial district and is the right backdrop for the bold, transformational financial institution we're creating with this merger of equals.""We looked for a location that would attract and inspire our teams as they come together to create industry-leading client experien
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