California-based bank signs lease for first retail branch in Texas

 

Rebecca Griffin

DALLAS, TX and FT. WORTH, TX, Sept. 22, 2021 – Atlas Capital Advisors, an independent real estate investment and advisory firm, announced today that it has represented Orange County, California-based First Foundation Bank in a new lease for 3,800 square feet of space at Preston Shepard Place located at 1709 Preston Road in Plano, Texas. 

 This will be the bank’s first retail branch location in Texas and third completed transaction overall in Texas this year.

                This lease continues the momentum of First Foundation Bank’s entrance into Texas.  In March 2021, they signed a lease for 6,931 square feet of space at the Crescent, relocating its principal executive office out of California. 

 Additionally, in July 2021, First Foundation Bank signed a 4,328-square-foot lease at Williams Square for a new loan production office.

Serge Vishmid

Serge Vishmid, Managing Principal of Atlas Capital Advisors, represented First Foundation Bank in all three transactions. He was assisted locally by his former colleague, Rebecca Griffin of Newmark. 

“As the economy and commercial real estate industry continues to evolve following the COVID-19 pandemic, financial institutions and banks like First Foundation Bank have remained a bright spot for growth,” said Vishmid. 

 “First Foundation will continue to focus on growth within the Dallas Metroplex and other key markets throughout the United States.

 CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

www.atlas-capital.us.

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