First Alliance Bank Signs 10 year Lease at Clark Tower

Clark News 04.05.18

First Alliance Bank Signs 10 year Lease at Clark Tower.

Memphis-based First Alliance Bank signed a 10-year lease in early August to relocate its Poplar Avenue branch into a 4,000-square-foot space adjacent to the Clark Tower lobby.

“This new, state-of-the-art office at Clark Tower is our commitment to continue serving this vibrant community for the long term,” First Alliance president Hunt Campbell said in the release.

In-Rel Properties Inc., owners of Clark Tower, recently spent $8 million overhauling the building’s lobby, walkways, elevator system and HVAC system.

To see inside the recently renovated building, click through the slideshow attached to this story.

“We are excited and flattered to have First Alliance Bank join us,” said In-Rel CEO Kirk Cypel in the release. “They complement an already impressive list of financial and professional firms that occupy the tower.”

The tower is currently about 60 percent occupied, according to Colliers International’s Ron Riley, who represents In-Rel. That is roughly the same occupancy it had when its $8 million of renovations were completed in May.

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Sources:
  1. Bizjournals

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