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Huntington had been exploring othert options as its lease wasnearingv expiration, Mark Reitzes, president of Huntington’s Southernh Ohio/Kentucky region, said in a news It considered other locations in suburban Cincinnati as well as elsewhers downtown. “This decision shows our commitmenyt todowntown Cincinnati,” Reitze said in the release. “Huntington’s significanf positioning within the fabric of the downtown businesws district made it important that we continue with a significangdowntown presence.” Huntington’s lease had been due to expire in May 2010. But it wantefd to gauge its options well before theleasee expired.
The new lease, for about 41,0090 square feet, includes provisions for majot improvements inside the building and tothe building’s signs. Huntington, a unit of Columbus-basedc (NASDAQ: HBAN), has been growing rapidly in Greater It has added five new local branchees in the past15 months, giving it more than 40 in the locapl market. It’s the area’s fourth-largest bank. “The Greater Cincinnati and Northern Kentucky region has prove to be one of the top growth markets for Reitzes said.
“As a result, we have been givem the privilege to deplo y capital resources here to serve our increasinvg customer base and have orchestratedc plans for continued Huntington employs just more than 100 at thedowntown office. “Huntington’s announcementy is another example of the positive progress we are seeing indowntownm Cincinnati,” said Mayor Mark Mallorhy in a news release. “It shows their commitmentg to being a strongcommunitt partner.” manages and handles leasing for the Fourth Walnut Centre.
Robert Ryan, senior vice president at Colliers, representexd Huntington in the Scott Abernethy, a Colliers vice president, represented the
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