The Corner Slice building at 7901 Norfolk Avenue in downtown Bethesda has been sold. Northern Virginia-based Trustar Bank has acquired the property for $1,075,000, according to Maryland real estate records. Trustar Bank has confirmed the purchase, and says it plans to open its first Bethesda branch in the building this fall. "We are very excited to continue expanding our presence in Montgomery County," Trustar Bank CEO Shaza Andersen said in a statement. "Opening an office in Bethesda is a significant milestone, and allows us to better serve our community and further strengthen our commitment to providing exceptional service and value."
15 comments:
Awesome. A bank..
Really - another bank. Very disappointing.
Another property grab by a bank for future investment. Perhaps they should buy the wedge building at the intersections of Wilson/Old Georgetown/Arlington Roads as well. These are useless parcels with little use.
And can you tell us how many banks we have in downtown Bethesda alone? I bet that number is at least 20. Why on earth do we need another bank branch? We don't is the answer. Not a great use for that space for a bank branch which may indeed be the tiniest bank in the country.
Another bank. 😔
The building's footprint resembles a NY slice.
Bummer. Another bank? Geez
Some retired Manhattan lawyer should have bought The Corner Slice and kept it going.
Could have renamed it, Ray's Ipsa Loquitur.
Or maybe combined it with the store nearby and called it/them, Ray's Ipsa Liquor Locker.
I agree with 8:42 the bank is holding the land for future development by some daring firm, be it a lease or outright purchase. It's easy to install the equipment for banking and provide a presence, perhaps to gain new customers, in the area. Think about the number of other temporary banking locations have come and gone in the area. A lot. Besides, what else is that slice good for?
How about a branch of, "Good Ducking Bank"?
Duck Duck Bank!
These small lots are very hard to develop as large multi-family mixed-use, over retail. Very little room for any underground tenant parking other than very expensive automated robotic parking. Some adjacent lots can be combined, but this adds lots of uncertainty to the expensive development process.
If anybody thinks a bank bought a high value sliver of land in Bethesda to open a microbranch - you have no degree in finance, real estate, or common sense.
@5:08 - I have all three and more common sense than you could get in a lifetime. It happens all the time, and you have no clue as to how it is processed. Get a clue.
Oooh, easy there, triggered snowflake! No one was questioning your personal qualifications, but by the immature way you answered, I NOW am! Lolol. We shall see won't we!
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