Carrie Rengers

March 26, 2014

Bank of America slashes space at namesake building, plans to close banking center

Bank of America Center's namesake tenant is significantly reducing its size at the building at Douglas and Broadway.

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WICHITA — Bank of America Center's namesake tenant is significantly reducing its size at the building at Douglas and Broadway.

"That's just one of the many they're downsizing," says Chris Ruffin, director of real estate for his father's Ruffin Properties.

"It's kind of sad since they've been such a longtime tenant. They're a great tenant."

The North Carolina-based bank has been cutting costs and eliminating thousands of jobs over the past few years.

Currently, Bank of America has 50,000 square feet at its downtown Wichita headquarters.

"They're cutting down to about 12,000 square feet and giving ... us back the second floor," says Phil Ruffin, who owns the building. "That's how far we've gotten so far."

The bank's lease expires Dec. 31.

No one with the bank could immediately be reached for comment.

"It's beautiful space," Phil Ruffin says. "There's no space like it in Wichita, I can tell you that."

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