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The First National Bank (FNB) of Pennsylvania has revealed its intention to expand its office space presence in the city of Pittsburgh.
As a significant employer in the state and particularly in Allegheny County, FNB is well established in the area but is now looking to grow its business and the range of services it offers to local companies and individuals.
The bank’s regional headquarters currently sit along Pittsburgh’s northern shore and a recently stuck deal now means its staff will occupy more than twice the amount of office space at the same site from July of next year.
A total of 55,000 sq ft of Pittsburgh office space will then be leased by the FNB, news which has been welcomed by the owners of the relevant real estate and by bosses of the local banking group itself.
“We’re always pleased when we can accommodate an expanding tenant. It’s great for us and great for the region. We’re happy to be part of FNB’s growth in Pittsburgh,” said Bruce Longenecker, vice president of the Elmhurst Group, which owns the North Shore office space.
Vincent J Delie Jnr, president of the FNB, commented: “We will have experts from every line of business in one place, developing strategies to deliver a broad range of offerings, including Insurance and Wealth Management products and services.”
Mr Delie also expressed a commitment to hiring employees from in and around the Pittsburgh area and to continuing its expansion efforts over the course of the next few years.
In other Pennsylvania office space news, a biotechnology firm called Integral Molecular recently announced its plan to open a 10,000 sq ft lab and office space location in Philadelphia as part of its ongoing expansion effort.
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