05-28-2020, 07:53 PM
(05-28-2020, 07:34 PM)Orion1876 Wrote:(05-28-2020, 06:51 PM)MiscellaneousDave Wrote:(05-28-2020, 01:55 PM)Orion1876 Wrote:I do know of a bank that did something similar. It was a super duper small town and this small bank came and bought out the local bank which had 2 or 3 other branches in neighboring cities. They then built a brand new branch right across the street and tried to rent out the old branch for MANY years. The problem? This was a really nice brick building with a pretty sizable drive-thru, and they wouldn't rent it out to a bank. So it sat there for MANY years.(05-28-2020, 01:42 PM)delpha80 Wrote: it was a grocery store, the story is that the larger chain giant eagle paid the building rent for a long time to keep competition out. Idk if that's true though
If it is true there must be some serious competition to pay rent on a second location like that.
There is an old Albertson's in College Station that was vacant for quite a while and there were all types of rumors about it before it eventually was bought by Walmart which was next door. Walmart needed a bit more space when they were turning the store into a super Walmart. As crazy as it sounds they knocked out a back corner of the grocery store building to accommodate the construction on the Walmart.
As of last time I was in town it is now a trampoline place.
That is disappointing. You would think they would use the bank that was already there to keep costs low. Must not have liked the old bank for some reason or needed more space.
I was never in the old bank, but it looked HUGE. I think they just wanted something more modern. Their CEO was always trying to draw younger crowds. Problem is the average age in that area was 143.5