A new regional headquarters for M&T Bank and wealth management subsidiary Wilmington Trust is coming to the Radnor Financial Center, writes Jeff Blumenthal for Philadelphia Business Journal.

M&T has signed a 12-year lease for 45,000 square feet, occupying three floors of Building E.

There will be 175 employees, uniting M&T’s retail, commercial, business banking and technology teams with Wilmington Trust’s wealth management services.

The building should be ready to occupy in early 2020 once renovations are complete.

M&T said it plans to incorporate a collaborative work environment with huddle and conference rooms, shared common space, and wellness and nursing mothers’ rooms.

It also features a full broadcast studio that will allow Wilmington Trust to produce and share financial and investment expertise with customers, community groups and media outlets.

“We liked that [landlord Brandywine Realty Trust] Radnor has the shuttle service from the Radnor train station, which is really important for some of our younger employees. And we liked all of the amenities,” said Ira Brown, M&T Bank’s Philadelphia area executive.

Located on Radnor-Chester Road, the Radnor Financial Center is home to the corporate headquarters of Lincoln Financial Group.

Read more about M&T Bank’s new regional headquarters in Radnor here.

[uam_ad id=”62465″]