FOR IMMEDIATE RELEASE

Contact:          Alex Boetcher, In-Rel Properties, Inc.

Email:              aboetcher@in-rel.com

Telephone:     (561) 533 -0344

First Alliance Bank Joining Clark Tower

Memphis, August 1, 2017 First Alliance Bank (FAB) today announced it intends to relocate its Poplar Avenue branch banking office to Clark Tower.  FAB signed a 10-year lease to occupy new offices adjacent to Clark Tower’s recently remodeled lobby.  The branch will provide full banking services and a drive-through facility for its customers, subject to final regulatory approval.

Clark Tower has recently completed $8 million of improvements to its lobby, selected common areas, HVAC systems, elevators, and surrounding walkways.  The building now features a 60-person conference center, tenant game room, and a new marquee entry adjacent to FAB’s upcoming offices.

Hunt Campbell, president of First Alliance Bank said, “For the past 10 years First Alliance Bank has operated in East Memphis and this new, state-of-the-art, office at Clark Tower is our commitment to continue serving this vibrant community for the long term.”

First Alliance Bank is a Memphis-owned, state-chartered commercial bank with a primary focus on Memphis banking for small and medium-sized businesses and professionals.  The bank has been recognized as a Memphis Most “Best Bank” and a Memphis Business Journal “Top Place to Work” finalist.

Kirk Cypel, CEO Clark Tower, LLC notes, “We are excited and flattered to have First Alliance Bank join us.  They complement an already impressive list of financial and professional firms that occupy the tower.  Considering the popular dining and shopping establishments as well as the entertainment and lifestyle amenities located both in and around our campus; the bank’s move confirms that Clark Tower is the ultimate destination for those who work, play and stay in the greater Memphis area.”

Clark Tower is a featured asset of the In-Rel Properties portfolio.  Since 1984 In-Rel has been a vertically integrated real estate investment and management firm. The company adds value to real estate investments through property upgrades, strategic repositioning, and solid management.