Bank to fill top 3 floors of 110 East

Plus: Construction company bankruptcy filing could squeeze contractors; Japanese bank planning big Charlotte expansion?; Levine Properties resumes work on uptown parking deck

Today’s Real Estate Whispers is sponsored by The McIntosh Law Firm. At The McIntosh Law Firm, we offer experienced legal guidance in real estate development, property revaluation appeals, government relations, land use, estate planning, and business law—helping clients navigate complex legal and regulatory challenges.

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It’s time to indulge in the latest irresistible edition of Charlotte Commercial Real Estate Whispers, where the city’s most tantalizing land deals, rezonings and developments are seductively unwrapped. Prepare to be captivated by the pulse-racing drama of Charlotte’s real estate world, where every transaction whispers temptation and every revelation feels like a delicious encounter you can’t resist.

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In today’s edition:

1. The 24-story South End office tower 110 East has signed an anchor tenant, First Horizon Corp., which will take the top three floors of the building. Whispers told readers on July 23 that First Horizon was checking out the site to consolidate its Charlotte operations.

2. A construction firm’s bankruptcy filing could leave about a dozen Charlotte-area companies on the hook for hundreds of thousands of dollars. The company, Tyler 2 Construction, received permission from the court to pay some of them. We name names.

3. Is a big Japanese bank planning an expansion in Charlotte? We’ll tell you what we know.

4. Levine Properties has started work around its long-vacant and almost-complete parking deck on 11th Street uptown. And it has plans for the surrounding area.

5. A round-up of other real estate tidbits, land sales and so on. Plus confirmation of previous Whispers.

Let’s get to it!

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110 East lands anchor tenant: First Horizon Corp. to take top 3 floors, put name and logo atop building

New Charlotte office tower 110 East will add the First Horizon logo after a lease deal announced Thursday. (Rendering courtesy of Trinity Partners)

Memphis-based bank First Horizon Corp. said Thursday that it will take the top three floors of 110 East, the new 24-story office tower near the corner of South and East boulevards in South End.

The move gives 110 East an anchor tenant, and for First Horizon, it allows the bank to consolidate its other Charlotte locations near the center of South End — which has obvious advantages for employee recruitment and retention.

Whispers reported last month that First Horizon was looking at 110 East and had even examined what its logo might look like on the side of the building.