CertusBank enters Charleston market

Staff Report
Published June 28, 2012

Greenville-headquartered CertusBank N.A. announced Thursday plans to enter the Charleston financial services market as one of the anchor tenants for the 174 Meeting Street project.

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The 174 Meeting Street project is a 52,000-square-foot, four-story office building of Class “A” space on Meeting Street between Market and Cumberland streets.

Construction will begin in July and is scheduled for completion in early spring 2013.

“We are very excited to be entering the Charleston market in such a premier location,” said CertusBank President Angela Webb. “This move aligns perfectly with our strategic plan to increase our presence in the Lowcountry and establish brand roots more prominently within this market.”

The Holder Properties development will feature street frontage. The ground floor will include a finished lobby, a CertusBank branch, an ATM and parking. CertusBank will occupy the second floor. The third and fourth floors will be available for lease.

CertusBank will occupy approximately 42% of the leasable space. The building is designed with energy efficient systems by McMillan Pazdan Smith Architecture and will be built by Trident Construction.

Co-CEO Walter Davis, co-CEO Charlie Williams, Webb, executives from the bank, city officials and representatives from Holder Properties attended the Thursday groundbreaking.

This project will be Holder Properties fifth office development in Charleston in the last five years, totaling more than 400,000 square feet.

CertusBank N.A. is a subsidiary of CertusHoldings Inc., formerly Blue Ridge Holdings Inc., and has $1.8 billion in assets, 30 branch locations and operations centers and offices in South Carolina, North Carolina, Georgia and northern Florida.

In 2011, the bank acquired the franchises of the former Community South, First Georgia and Atlantic Southern Bank. CertusHoldings Inc. purchased SAGE Southeastern Securities Inc., an Atlanta-based registered broker-dealer.

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