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Metropolitan Bank Leases Former Loeb Headquarters

Metropolitan Bank is opening its first branch in Memphis, at the site of the former Loeb headquarters (5264 Poplar).  They’ve signed a 10-year land and building lease with multiple options and plan to completely renovate the 50-year-old building.

Matt Prince, Sr. VP of Brokerage & Development, represented the Loeb, the landlord, in the deal.

See part of the feature article from the Memphis Business Journal here. If you have online access to all of MBJ’s content, you can access their full feature on this deal here.