Bank of America Corporate Center, located at 100 N Tryon St. inDowntown Charlotte, is 60 stories tall with 1.2 million square feetof rentable space. The bank owns the building and occupiesapproximately 50% of that structure's space, as well as 6,100retail banking offices throughout the country.

The corporation also has a 750,000-square-foot tower underconstruction across from its Corporate Center to be completed inthe second quarter 2010. A spokesperson for Bank of America tellsGlobeSt.com that the company is still in the process of puttingtogether a final plan and currently has no information aboutwhether or not the bank's space at any of its local offices will beaffected. A more detailed plan is expected to be released earlynext year.

Even if Bank of America decided to reduce some of its realestate locally, the market can absorb the blows, say localbrokers.