TowneBank is planning a new location in Short Pump at a site that formerly housed another bank.
The company purchased the improvements of the 8,000-square-foot former BB&T bank branch at 11704 West Broad Street for $2.25 million from Short Pump Town Center, LLC and signed a 20-year ground lease.
Danny Holly of Cushman & Wakefield | Thalhimer handled the negotiations on behalf of TowneBank.
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