One Bank of America Plaza
Encyclopedia
One Bank of America Plaza, also called One Bank of America Square, is a 17-story skyscraper
located at 421 Fayetteville Street in Raleigh, North Carolina
with 367225 square feet (34,116.3 m²).
were completed in 1985.
Lennar Partners of Miami, Florida
bought the building and its 554-space parking garage for $44.8 million in 2000.
One Hannover Plaza changed its name to One Bank of America Plaza in 2005 after Bank of America
renewed its lease. Progress Energy had 155000 square feet (14,400 m²) but was moving into a new building of its own. Other major tenants included Absolute Collection Services with66500 square feet (6,178.1 m²), the City of Raleigh with 38000 square feet (3,530.3 m²), and the law firm Hunton & Williams
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In July 2005, The Simpson Organization of Atlanta, Georgia
bought the building for $47.1 million. At the time, it had an occupancy rate of 80 percent. When the company listed the property for sale in 2010, it was 95 percent full. Simpson made improvements including a lobby redesign, a new fitness facility, additional conference space, and renovated retail space.
Wake County
leased 44000 square feet (4,087.7 m²) of space in 2007. The county Register of Deeds
office moved to the building in 2008. The county revenue department is also located here.
Skyscraper
A skyscraper is a tall, continuously habitable building of many stories, often designed for office and commercial use. There is no official definition or height above which a building may be classified as a skyscraper...
located at 421 Fayetteville Street in Raleigh, North Carolina
Raleigh, North Carolina
Raleigh is the capital and the second largest city in the state of North Carolina as well as the seat of Wake County. Raleigh is known as the "City of Oaks" for its many oak trees. According to the U.S. Census Bureau, the city's 2010 population was 403,892, over an area of , making Raleigh...
with 367225 square feet (34,116.3 m²).
History
One Hannover Square and Two Hannover SquareTwo Hannover Square
Two Hannover Square is a 29-story 131.37 m skyscraper at 434 Fayetteville Street in Raleigh, North Carolina with of office space. Its major tenant is BB&T...
were completed in 1985.
Lennar Partners of Miami, Florida
Miami, Florida
Miami is a city located on the Atlantic coast in southeastern Florida and the county seat of Miami-Dade County, the most populous county in Florida and the eighth-most populous county in the United States with a population of 2,500,625...
bought the building and its 554-space parking garage for $44.8 million in 2000.
One Hannover Plaza changed its name to One Bank of America Plaza in 2005 after Bank of America
Bank of America
Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...
renewed its lease. Progress Energy had 155000 square feet (14,400 m²) but was moving into a new building of its own. Other major tenants included Absolute Collection Services with66500 square feet (6,178.1 m²), the City of Raleigh with 38000 square feet (3,530.3 m²), and the law firm Hunton & Williams
Hunton & Williams
Founded in 1901, Hunton & Williams LLP is a US law firm that employs more than 800 lawyers. It has been called "one of the most well-connected legal and lobbying firms in DC." The firm was founded in Richmond, Virginia and has 18 other offices throughout the United States, Europe, and Asia. In...
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In July 2005, The Simpson Organization of Atlanta, Georgia
Atlanta, Georgia
Atlanta is the capital and most populous city in the U.S. state of Georgia. According to the 2010 census, Atlanta's population is 420,003. Atlanta is the cultural and economic center of the Atlanta metropolitan area, which is home to 5,268,860 people and is the ninth largest metropolitan area in...
bought the building for $47.1 million. At the time, it had an occupancy rate of 80 percent. When the company listed the property for sale in 2010, it was 95 percent full. Simpson made improvements including a lobby redesign, a new fitness facility, additional conference space, and renovated retail space.
Wake County
Wake County, North Carolina
Wake County is a county located in the U.S. state of North Carolina. As of the 2010 census, the population was 900,993 making it North Carolina's second most populated county...
leased 44000 square feet (4,087.7 m²) of space in 2007. The county Register of Deeds
Recorder of deeds
Recorder of deeds is a government office tasked with maintaining public records and documents, especially records relating to real estate ownership that provide persons other than the owner of a property with real rights over that property.-Background:...
office moved to the building in 2008. The county revenue department is also located here.