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Orlando real estate opportunities may ‘shake out’ of BB&T-SunTrust deal

Jack Witthaus
Orlando real estate opportunities may ‘shake out’ of BB&T-SunTrust deal

Two of Central Florida’s largest banks that occupy prominent downtown Orlando offices and have dozens of branches across the Orlando area may put some of that real estate up for lease or sale in the coming months. Winston-Salem, N.C.-based BB&T Corp. (NYSE: BBT) will buy Atlanta-based SunTrust Banks Inc. (NYSE: STI) in this year’s fourth quarter for roughly $28 billion, creating a plethora of local real estate opportunities as the banks begin to consolidate operations.