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Fifth Third to vacate downtown Cincinnati's AT580 building as part of real estate cuts

Fifth Third’s move fits how companies are viewing their real estate these days, Joe Wiles, commercial real estate firm Colliers International’s managing director of brokerage services, said.

Cincinnati Business Courier  

Fifth Third Bank is vacating a downtown office building as part of a broader companywide plan to reduce its office real estate by 20%.

Downtown Cincinnati-based Fifth Third (Nasdaq: FITB), the largest locally based bank and the ninth-largest U.S.-based consumer bank, will vacate all of its space in the AT580 Building at 580 Walnut St. by year-end, Fifth Third spokesman Ed Loyd told me.

Fifth Third has 200,000 square feet spanning six floors in the AT580 Building. It’ll move the roughly 800 employees who are based there to its headquarters building across the street on Fountain Square, Loyd said. It will cut short its lease to vacate the space.

Read the full Cincinnati Business Courier article here. 

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Joe Wiles | Colliers | Cincinnati

Joe Wiles

Managing Director of Brokerage Services

Cincinnati

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I have spent the past 20+ years as a Professional B2B Executive Sales Leader that has served in many roles within the sales arena. Roles included: direct sales leader, consultant, new business generator, developer of existing accounts, sales manager, Sr Director of Sales and Managing Director. I am a loyal and dedicated sales leader who understands and values relationships while delivering solutions to specific client needs.

I have prospected and developed new business accounts, taken over existing under performing accounts and teams; grew them, sold re-branded products and solutions, all while maintaining and growing current business. I have excelled at building and growing sales teams while achieving sales goals and maintaining a focus on ebitda and revenue. Through each of these roles and learning experiences, I have come away with a singular understanding - my passion is for delivering results for my B2B clients and being a quantifiable leader within an organization. I have come to understand sales operations and processes throughout my career, but I have learned that my true value is using B2B relationships to garner solutions and results for my clients. 

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