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Flats East Bank developers announced Wednesday leasing commitments from Wells Fargo and Gilbane Building Company.

The new tenants will occupy a total of 30,000 square feet of Class A office space in Cleveland’s newest 23-story office tower.

Wells Fargo will take the entire third floor, including 81 team members from Wells Fargo Advisors, LLC, Wells Fargo Commercial Banking and Wells Fargo Commercial Real Estate.

Don Hayes, regional vice president for Wells Fargo Commercial Banking in Ohio, added: “It’s exciting for Wells Fargo to be moving into this new and efficient, LEED-certified facility in downtown Cleveland.

These new offices provide additional room for Wells Fargo’s continued growth. We’re committed to serving all our customers in Ohio as part of the number one middle market commercial bank in America.”

“Moving to the Flats East Bank gives us the ability to work more closely with our partners from multiple lines of business at Wells Fargo to help our clients succeed financially,” said Frank Albanese, Managing Director and Cleveland Market Manager for Wells Fargo Advisors, LLC. “We look forward to continuing to serve our clients from our new location.”

Gilbane Building Company, doing business in Cleveland since 1959, will relocate their local office to the 14th floor of the Ernst & Young Tower. Celebrating its 140th year in operation, Gilbane is one of the most pre-eminent construction management firms in the country.

“Gilbane is proud to extend our relationship beyond the design and construction of the building to support the vision of The Wolstein Group and Fairmount Properties for the redevelopment of the Flats East Bank and Downtown Cleveland,” said Tom Laird, Executive Vice President of Gilbane Building Company, which led the design/build team to construct the complex.

The LEED certified Ernst & Young Tower is downtown Cleveland’s first new office building in approximately two decades.

The building is scheduled to open in May, and all three of the tenants announced are planning to move by year end.

They join previously announced tenants Ernst & Young, Tucker Ellis, CBRE, and Northwestern Mutual.

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Article and Picture Courtesy of WOIO 19 Action News

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