First Citizens buys two San Diego office buildings for Southern California expansion

First Citizens BancShares’ banking unit purchased two San Diego office buildings totaling 164,943 square feet to support its Southern California expansion. The bank plans to occupy part of the space by 2029 for Commercial Bank operations, including the rebranded Silicon Valley Bank division.

First Citizens BancShares’ banking unit bought two San Diego office buildings at 12481 and 12531 High Bluff Drive. * The properties total 164,943 square feet; the bank plans to occupy part of the space in 2029. * The site will support Commercial Bank operations, including the Silicon Valley Bank division, which is set to be rebranded. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Citizens BancShares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY15726) on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)