As banks and credit unions grow through mergers, expansions and changing strategic objectives, they are faced with closing facilities they no longer need.

Paramount Partners draws upon our local and national commercial real estate relationships in order to identify the best candidates of companies, retailers and investors in marketing your property.

We streamline real estate dispositions. We get you out of the real estate business so you can focus on meeting customer needs.

Based upon your circumstances and market conditions, our approaches can include:

Sale of Vacated Property
Once an alternative site has been identified and the financial institution can move into its new quarters, this building would be sold “as is” to an end-user.

Sub-Leasing
Secure replacement tenants for vacated space.

Sale of Re-Tenanted Branch Facility
After the financial institution has relocated to a more strategic location within the trade area, the vacated property would be re-tenanted, thus creating a higher value, and then sold.

Accelerated Marketing/ Auctions
Paramount Partners can deliver expedited asset liquidations that require minimal sales cycles, while achieving maximum returns.