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The RSA Trustmark Building, originally the First National Bank Building, is a 34 story, 424-foot (129 m) International Style office tower located in downtown Mobile, Alabama. [2] Most recently known as the AmSouth Bank Building , it had been named in honor of its largest tenant until 2006, AmSouth Bancorporation .
In November 2013, the company completed the development of the Downtown Grand in Las Vegas. [11] In 2013, in partnership with Ben Shaoul, the company acquired part of the Verizon Building for $247 million for residential conversion. [12] In February 2014, the company acquired Two California Plaza. [13] It also acquired Monclair Place. [14]
Mobile (/ m oʊ ˈ b iː l / moh-BEEL, French: ⓘ) is a city and the county seat of Mobile County, Alabama, United States.The population was 187,041 at the 2020 census. [8] [9] After a successful vote to annex areas west of the city limits in July 2023, Mobile's population increased to 204,689 residents, making it the fourth-most populous city in Alabama, after Montgomery, Birmingham, and ...
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
Skyline of Mobile from Fort Conde. The U.S. city of Mobile, Alabama is the site of 15 high-rises, [1] all of which stand taller than 100 feet (30 m). The tallest building in the city is the 35-story RSA Battle House Tower, completed in 2007, which is 745 feet (227 m) tall. [2]
A commercial area is real estate intended for use by for-profit businesses, such as office complexes, shopping malls, service stations, bars and restaurants. It may be purchased outright by a developer for future projects or leased through a real estate broker. This type of property falls somewhere between residential and industrial property.
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In fact, the instability of downtown was a cause for concern for business and real estate interests, as the business district refused to stay where it had been, and shifted its location in response to numerous factors, although it generally stayed fairly compact – in the early 1930s even the largest took up less than 2% of the city's space ...