Atlanta’s Major Bank Merger Officially Completed

The recent merger of Synovus and Pinnacle, valued at $8.6 billion, has resulted in a significant shift in Atlanta’s corporate landscape, becoming the largest office transaction for the city in 2026.

Pinnacle Financial Partners revealed Thursday that it plans to lease a substantial 165,000 square feet in the Ten Twenty Spring Building located in Midtown, which will serve as its new corporate headquarters. Interestingly, this bank emerged from a merger between Synovus, based in Columbus, and Pinnacle, originally from Nashville, while retaining the Pinnacle name.

This new headquarters is set to make quite an impression, marking one of the city’s biggest office leases so far this year. It’s also a validation of the Ten Twenty Springs building, chosen by Pinnacle, which will soon prominently display the bank’s brand. It’s worth noting that Ten Twenty Springs was one of the last office constructions to rise in Atlanta following the disruptions caused by the COVID-19 pandemic.