Fifth Third Bank to Anchor Lincoln Property Company’s 8300 Douglas Project in Preston Center

Fifth Third Bank has officially signed a long-term lease for space at 8300 Douglas, a major mixed-use development in Dallas' Preston Center. The bank will occupy 63,000 square feet across the seventh and eighth floors, with plans to establish a ground-floor branch as well. The move, expected in late 2028, will accommodate approximately 350 employees and serves to consolidate the bank's regional footprint following its recent acquisition of Comerica. As part of this transition, Fifth Third will vacate its current offices in the Comerica Bank Tower at 1717 Main St. in downtown Dallas, a site it has occupied since the acquisition.

The 8300 Douglas project, developed by Lincoln Property Co. and owned by Ramrock Real Estate, spans 2.5 acres and includes a 12-story, 300,000-square-foot office building and a 17-story residential tower with 147 units. The development also features a 35,000-square-foot rooftop park and 24,000 square feet of retail and restaurant space. Fifth Third’s relocation is part of a broader strategy to optimize its regional real estate, supported by a $700 million investment aimed at expanding the bank's presence to 150 branches across Texas.