This article entitled “BB&T makes moves to Terrazo in Gulch” appeared in the Nashville Business Journal on April the 13th, 2009. A staff writer wrote:
“BB&T has moved its commercial lending and wealth management operations from Belle Meade to the Terrazzo in the Gulch.
BB&T signed the lease for space in the $68 million mixed-use tower in early 2008, when it was the first commercial tenant to lease space in the building.
The bank’s commercial division has been located at One Belle Meade Place for five years. BB&T’s Nashville insurance arm, Cooper Love Jackson Thornton & Howell, will stay at the Belle Meade office.
“The Terrazzo location downtown makes a statement about BB&T’s commitment to our clients, Nashville and Middle Tennessee,” says Natalie Ruggiero, who heads BB&T area operations, in a release.
The bank will hold a grand opening soon for a full-service retail financial center to be located in the Terrazzo.
BB&T opened its Nashville based commercial lending operation in 2004. The bank has two other Nashville area branches, one in Green Hills and the other in Cool Springs. BB&T operates 1,500 financial centers in 11 states and Washington D.C.”
This is certainly great news for the Terrazzo as well as for the other condo developers in the Gulch. A commercial tenant as prestigious as a commercial banking tenant is not easy to land in today’s volatile market. For more Nashville office space news, check out what the guys at Cumberland Commercial are doing.
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