BusinessSeptember 15, 2001
Two area Union Planters branches sold
Business Today Brokers hired by Union Planters Bank have announced two area branch banking facilities in Southeast Missouri have been sold. The properties are located in Perryville near Interstate 55, and in Benton at 52 W. Missouri St. Tom Kelsey, broker with Lorimont Place Ltd. in Cape Girardeau, working with the corporate services group of CB-Richard Ellis Inc. of Charlotte, N.C., were both involved in the marketing and recent sale of the Perryville and Benton properties...
Business Today
Brokers hired by Union Planters Bank have announced two area branch banking facilities in Southeast Missouri have been sold. The properties are located in Perryville near Interstate 55, and in Benton at 52 W. Missouri St.
Tom Kelsey, broker with Lorimont Place Ltd. in Cape Girardeau, working with the corporate services group of CB-Richard Ellis Inc. of Charlotte, N.C., were both involved in the marketing and recent sale of the Perryville and Benton properties.
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The property dispositions are part of a cost-cutting and facility consolidation effort by the Memphis-based banking corporation. Union Planters used a national and local real estate commercial brokerage company to assist in the sale of these properties.
Other UP bank properties slated to be sold or leased are located in Branson, Maryland Heights, O'Fallon, Springfield and St. Peters in Missouri.
Kelsey said an announcement identifying the new purchasers will be made in the near future.
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