Bell State Bank & Trust Downtown Fargo Location Relocating
The principal stockholders of Bell State Bank & Trust have entered into a contract to purchase the building at 15 Broadway in downtown Fargo. We will occupy 30,000 square feet of the approximately 65,000-square-foot building, with the rest currently being leased to other tenants.
By mid-2013, this “gateway to downtown” will be anchored by both our Downtown banking location and our Wealth Management Division, with the Downtown team moving down the street from our current 51 Broadway building, and 50 to 60 people moving from our main location and from our Moorhead location to space on the main floor and other areas at 15 Broadway. All of this will occur sometime within the next 12 months due to sales, leases and additional fit-up.
This building will continue to give us a strong business and retail commitment in downtown Fargo. Plus, the building gives us more room to support future growth; we expect it to become a second major “campus” in Fargo as we require support space in addition to what we have at our main bank location, said Michael Solberg, Bell State Bank & Trust president.
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