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Bank of America Plaza Announces Anthem, Inc. as Newest Tenant

High-tech jobs creating significant growth potential for Midtown’s Atlanta neighborhood

ATLANTA, GA. October 26, 2016 Shorenstein Properties LLC, a San Francisco-based private real estate investment firm, is pleased to announce  Anthem, Inc., one of the nation’s leading health benefits companies, has signed a lease which includes six floors at Bank of America Plaza in Midtown Atlanta. The space will be used for Anthem’s newly established Information Technology Hub in Atlanta. Bank of America Plaza is underway with a major renovation project and is located in the Tech Square neighborhood, making it an ideal locale for Anthem, Inc. to attract top talent.

Under Shorenstein’s new management, Bank of America Plaza has been rejuvenated to reflect the entrepreneurial spirit of its tenants. In 2017, Bank of America Plaza will debut creative loft suites in addition to recent renovations to the fitness center and spa, lobby and café. Shorenstein also led a successful water conservation project, earning Bank of America Plaza numerous awards for its commitment to sustainability for cutting water usage by over 50 percent. Midtown Atlanta has become a center of discovery and innovation and under Shorenstein management Bank of America Plaza is transforming alongside it.

“We are very excited to welcome Anthem Inc. to Atlanta, “says Christopher Caltabiano, Senior Vice President of Asset Management at Shorenstein Properties LLC. “Tech Square is a great location for a company like Anthem that is looking for a centrally-located space that provides all of the amenities they will need. The addition of Anthem to our building further demonstrates the momentum we’re working to build for this historic property.”

About Bank of America Plaza

As the tallest building in the Southeastern United States and 11th tallest in the United States at 1,023 feet tall, Bank of America Plaza stands at the pinnacle of the Atlanta, Georgia skyline and serves as the anchor between Midtown and Downtown. This Atlanta skyscraper features 1.3 million square feet of prime office space in 55 stories, topped off with a 50-ton gold leaf spire. As a cherished Atlanta icon, it holds the distinction of being one of the most recognized buildings in America with a modern interpretation of art deco architecture. Connect on Facebook, Twitter and LinkedIn.

About Shorenstein Properties LLC

Founded in 1924, Shorenstein Properties LLC is a privately-owned, real estate firm active nationally in the ownership and management of high-quality office properties, with offices in San Francisco and New York.  Starting in 1992, Shorenstein has sponsored eleven closed-end investment funds with total equity commitments of $7.9 billion, of which Shorenstein committed $648.5 million.  Shorenstein uses its integrated investment and operating capabilities to take advantage of those opportunities which, at the particular time in the investment cycle, offer the most attractive risk-adjusted returns.  Investments have included ground-up developments, asset repositioning and stabilized assets; investment structures have included asset acquisitions, mezzanine loans, preferred equity investments and structured joint ventures.  These funds have invested in properties totaling 63.2 million square feet in transactions with a gross investment value in excess of $14.9 billion.