Sam Carroll, SIOR and Matt Gilchrist, of Graham & Company , represented the Landlord in this lease transaction.

IberiaBank has leased approximately 8,033 square feet of additional office space at the Grandview II office building on Highway 280, further expanding the bank’s Birmingham footprint.

The space has been leased to accommodate additional staff needed for back office functions, a call center and additional support staff.

IberiaBank chief accounting officer Scott Price said currently the bank has 135 employees in the building, and now has the capacity to expand to 235 individuals as the company sees fit.

“We have an opportunity here in Birmingham to invest in human capital. We have hired a few senior level managers, and when you hire managers, you then need to hire support staff,” Price said.

Price said the bank’s chief information security officer, chief counsel and head of compliance work out of the Birmingham operations office, and with the opening of a call center in Birmingham, IberiaBank looks to solidify its commitment to staying a large part of the Birmingham banking scene.

“We view Birmingham as a great place to live and work,” Price said. “I would say the commitment to stay in Birmingham is strong.”

With the new space, the bank now leases more than 41,000 square feet in the Grandview II building.

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