United Bankers’ Bank (UBB), a Minnesota-based bankers’ bank, is planning to move its headquarters from its longtime home at the Southpoint Office Center to Meridian, a two-building campus owned by Piedmont Realty Trust. Founded in 1975 as the nation’s first bankers’ bank, UBB provides correspondent banking services to over 1,000 community banks throughout the country. 

“This move will better position United Bankers’ Bank for the future and reflects the evolving needs of our team and organization,” said Jim Amundson, Chief Executive Officer, United Bankers’ Bank.

UBB will move into the sixth floor of Two Meridian in December, where they will lease 28,000 sq. ft of office space. With the move, they will be using the opportunity to reimagine their space for collaboration and innovation. Previously, the company leased 41,000 sq. ft. in the Southpoint Office Center, where they have been since 1990.

Strategic Move Reflects Market Trends
“UBB was drawn to the extensive amenities, the quality of the renovations, and the opportunity to leverage the new space in support of its culture and continued growth,” said Katie Trevena, senior vice president – Advisory, Forte Real Estate Partners. “This move is a clear example of the ‘flight-to-quality’ trend, where office users seek environments that elevate the employee experience and align with strategic business objectives. Piedmont’s offering now stands as the benchmark for the I-494 suburban office market.” Trevena and Jim Jetland, principal – Forte Real Estate Partners, represented UBB in the lease negotiations.

“We’re proud of UBB’s 50-year legacy at Southpoint Office Center, but now we’re equally excited about what lies ahead in our new modernized workspace. The new layout allows our full in-office team to work on one floor, promoting stronger collaboration and engagement,” said Amundson.

Meridian Campus Offers Hospitality-Inspired Amenities
Meridian, owned and managed by Piedmont Realty Trust and leased by Steve Shepherd and Matt Elder of Newmark, is a 400,000 sq. ft. campus that completed a significant transformation earlier this year.

Renovations included:

• Updating common spaces to create hospitality-inspired collaboration spaces
• On-site café and tenant coffee bar
• Best-in-class fitness center, including locker rooms, group fitness room, and treadmill workstations
• Outdoor patio with soft seating
• Large training and conferencing center that includes a board room and pre-function lounge

“Piedmont’s renovations of Meridian were focused on health, wellness, engagement, and collaboration as office users continue to evaluate how to make the best use of their physical space. Those renovations are leading to significant traction with many suburban tenants looking for an elevated hospitality-focused workplace experience,” said Shepherd.

Positioning for Future Success
“While this move reflects UBB’s flight to quality, it also positions the firm to leverage its space as a catalyst for transformation and future success,” said Jetland. “We’re proud to be part of the team helping UBB redefine what office space can do for culture and performance.”