{"id":987338,"date":"2026-07-30T09:38:03","date_gmt":"2026-07-30T13:38:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/first-citizens-bank-purchases-office-buildings-in-san-diego\/"},"modified":"2026-07-30T09:38:03","modified_gmt":"2026-07-30T13:38:03","slug":"first-citizens-bank-purchases-office-buildings-in-san-diego","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-citizens-bank-purchases-office-buildings-in-san-diego\/","title":{"rendered":"First Citizens Bank Purchases Office Buildings in San Diego"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\">RALEIGH, N.C.<\/span>, <span class=\"legendSpanClass\">July 30, 2026<\/span> \/PRNewswire\/ &#8212; First-Citizens Bank &amp; Trust Company (&#8220;First Citizens Bank&#8221;), the wholly owned banking subsidiary of First Citizens BancShares, Inc. (&#8220;BancShares&#8221;) (Nasdaq: FCNCA), today announced the purchase of two office buildings in San Diego in support of the company&#8217;s growing presence in the Southern California region. Consisting of 12481 and 12531 High Bluff Drive, First Citizens plans to occupy a portion of the space in 2029.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <img decoding=\"async\" src=\"https:\/\/mmx.prnewswire.com\/media\/MS1961157\/FCB_ST_3L_2026.jpg?id=OA2809292\" title=\"First Citizens Bank\" alt=\"First Citizens Bank\" \/>\n        <\/p>\n<\/p><\/div>\n<p>The buildings, totaling 164,943 square feet, will include an office designed to support First Citizens&#8217; Commercial Bank associates and clients, including from its Silicon Valley Bank division, which will soon be rebranded as First Citizens Innovation Banking and First Citizens Fund Banking. First Citizens&#8217; Silicon Valley Bank division has had a presence in the\u00a0San Diego\u00a0market for more than 30 years and today First Citizens Bank has more than 100 associates in San Diego with over 1,000 total associates across Southern California.<\/p>\n<p>&#8220;San Diego is an important region for our business and this investment reflects our long-term commitment to the market, our clients and these communities,&#8221; said\u00a0Peter Bristow, First Citizens Bank President. &#8220;We&#8217;re excited to expand our presence in San Diego and continue to build strong, meaningful relationships throughout the region.&#8221;<\/p>\n<p>First Citizens Commercial Bank provides a range of lending, leasing, capital markets, asset management, and other financial and advisory services, primarily tailored to commercial and middle market companies in a wide range of industries, including energy, healthcare, technology media and telecommunications, maritime, and aerospace and defense.<\/p>\n<p>\n        <b>About First Citizens Bank<br \/><\/b>First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in\u00a0Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services with branches and offices nationwide; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than\u00a0$225 billion\u00a0in assets and a member of the Fortune 500\u2122. Discover more at firstcitizens.com.<\/p>\n<p>\n        <b>Media Contact<br \/><\/b>Katie Ellis<br \/><a href=\"mailto:Katie.Ellis@firstcitizens.com\" target=\"_blank\" rel=\"nofollow\">Katie.Ellis@firstcitizens.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=NY15726&amp;sd=2026-07-30\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/first-citizens-bank-purchases-office-buildings-in-san-diego-302838947.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/first-citizens-bank-purchases-office-buildings-in-san-diego-302838947.html<\/a><\/p>\n<p>SOURCE First Citizens Bank<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY15726&amp;Transmission_Id=202607300900PR_NEWS_USPR_____NY15726&amp;DateId=20260730\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire RALEIGH, N.C., July 30, 2026 \/PRNewswire\/ &#8212; First-Citizens Bank &amp; Trust Company (&#8220;First Citizens Bank&#8221;), the wholly owned banking subsidiary of First Citizens BancShares, Inc. (&#8220;BancShares&#8221;) (Nasdaq: FCNCA), today announced the purchase of two office buildings in San Diego in support of the company&#8217;s growing presence in the Southern California region. Consisting of 12481 and 12531 High Bluff Drive, First Citizens plans to occupy a portion of the space in 2029. The buildings, totaling 164,943 square feet, will include an office designed to support First Citizens&#8217; Commercial Bank associates and clients, including from its Silicon Valley Bank division, which will soon be rebranded as First Citizens Innovation Banking and First Citizens Fund Banking. First Citizens&#8217; Silicon Valley Bank &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-citizens-bank-purchases-office-buildings-in-san-diego\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;First Citizens Bank Purchases Office Buildings in San Diego&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-987338","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First Citizens Bank Purchases Office Buildings in San Diego - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-citizens-bank-purchases-office-buildings-in-san-diego\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First Citizens Bank Purchases Office Buildings in San Diego - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire RALEIGH, N.C., July 30, 2026 \/PRNewswire\/ &#8212; First-Citizens Bank &amp; Trust Company (&#8220;First Citizens Bank&#8221;), the wholly owned banking subsidiary of First Citizens BancShares, Inc. (&#8220;BancShares&#8221;) (Nasdaq: FCNCA), today announced the purchase of two office buildings in San Diego in support of the company&#8217;s growing presence in the Southern California region. Consisting of 12481 and 12531 High Bluff Drive, First Citizens plans to occupy a portion of the space in 2029. The buildings, totaling 164,943 square feet, will include an office designed to support First Citizens&#8217; Commercial Bank associates and clients, including from its Silicon Valley Bank division, which will soon be rebranded as First Citizens Innovation Banking and First Citizens Fund Banking. First Citizens&#8217; Silicon Valley Bank &hellip; Continue reading &quot;First Citizens Bank Purchases Office Buildings in San Diego&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-citizens-bank-purchases-office-buildings-in-san-diego\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-30T13:38:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mmx.prnewswire.com\/media\/MS1961157\/FCB_ST_3L_2026.jpg?id=OA2809292\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-citizens-bank-purchases-office-buildings-in-san-diego\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-citizens-bank-purchases-office-buildings-in-san-diego\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"First Citizens Bank Purchases Office Buildings in San Diego\",\"datePublished\":\"2026-07-30T13:38:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-citizens-bank-purchases-office-buildings-in-san-diego\\\/\"},\"wordCount\":391,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-citizens-bank-purchases-office-buildings-in-san-diego\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mmx.prnewswire.com\\\/media\\\/MS1961157\\\/FCB_ST_3L_2026.jpg?id=OA2809292\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-citizens-bank-purchases-office-buildings-in-san-diego\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-citizens-bank-purchases-office-buildings-in-san-diego\\\/\",\"name\":\"First Citizens Bank Purchases Office Buildings in San Diego - 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(&#8220;BancShares&#8221;) (Nasdaq: FCNCA), today announced the purchase of two office buildings in San Diego in support of the company&#8217;s growing presence in the Southern California region. Consisting of 12481 and 12531 High Bluff Drive, First Citizens plans to occupy a portion of the space in 2029. The buildings, totaling 164,943 square feet, will include an office designed to support First Citizens&#8217; Commercial Bank associates and clients, including from its Silicon Valley Bank division, which will soon be rebranded as First Citizens Innovation Banking and First Citizens Fund Banking. 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