The local leaders of the country’s fifth-largest bank said Tuesday they will move their Tennessee headquarters to Nashville’s tallest tower.
U.S. Bank plans to move into 42,000 square feet at the AT&T Building next March, leaving behind One Nashville Place, its home for about a decade and the building on which it has its name. The relocation to 333 Commerce St., the official name of the AT&T Building, is another win for the Cushman & Wakefield|Nashville Commercial team of Melissa Liles, Buck Haltiwanger and Billy Lyell. The trio late last year also landed the offices of law firm Harwell Hyne Howard Gabbert & Manner.
Conversely, U.S. Bank’s pending departure from One Nashville Place (which some locals playfully refer to as the R2D2 Building because of the Star Wars character it somewhat resembles) will leave that building without its largest tenant. News of the move comes a week after law firm Butler Snow — which is now subleasing two floors from Miller & Martin — said it plans to move to the Pinnacle at Symphony Place.
Ward Wilson, president of U.S. Bank in Nashville, said the move lets his team prepare for future growth. U.S. Bank entered the Tennessee market in 1998 via its predecessor Firstar and now controls about 3 percent of the area’s deposits.
“The U.S. Bank team is excited to work at 333 Commerce St., a premiere landmark building that distinguishes the Nashville skyline,” Wilson said. “Our new location will provide upgraded amenities for our customers and employees, while maintaining convenience for our customers banking with us in downtown Nashville.”