The location of a person’s business is one of the most critical variables in determining potential success.
Companies must establish locations based on potential customer traffic, area demographics, accessibility such as nearby transportation options, costs, etc. Among this standard research, First Carolina Bank (FCB) also considered how their new location aligned with future business goals and current trends.
“Most consumers don’t want to visit their bank branch physically,” said David Rizzo, a Market Executive with a long track record in the commercial banking industry. “My intent in selecting a site for First Carolina Bank was to think less about traditional branch banking and more about finding an office space that stands out, that is unique, and that we’re proud to showcase to our clients.”
As the banking industry has evolved over the last few years with technology steamrolling outdated banking methods, First Carolina Bank has learned to mold their business model around current trends. As people have become more adept at using online banking, they have less of a need to visit their physical bank. As banks continue to grow, their corporate locations can seem daunting for those who do need to visit the bank.
First Carolina Bank wanted a location that felt welcoming and trendy, a place that customers would love to visit. The new Bradley Creek Station in Wilmington, NC, seemed like the perfect solution to stand as the beachhead location, which aligned well with the company’s needs and goals.
Among doing location research, companies must team up with a commercial property developer that has an extensive portfolio, excellent communication with clients, and a mutual understanding of the full company vision. These are just a few reasons why First Carolina Bank chose SAMM Properties Inc., operating under the direction of developer Steve Anderson, to help them develop their new beachhead location.
“There are many great developers in this area, and they all build great products,” Rizzo said, “but people and relationships are the biggest differentiators. [SAMM Properties, Inc.] has clients that follow them from project to project because they genuinely care about their clients.”
First Carolina Bank wanted company goals to align heavily with the location they chose, so it was vital for them to select a developer who cared about the ultimate vision. They also needed the job done well, and SAMM had an extensive portfolio of previous projects that proved their expertise. Finally, they needed a development team that cared as much as they cared. SAMM’s long-lasting relationships with clients, along with raving client feedback, was enough to help FCB make the right choice.
When you work with SAMM Properties Inc., “You’ll be working with an experienced developer and contractor who do things timely, have great communication, and both of whom have fantastic reputations in the marketplace,” Rizzo said. “Real estate decisions are not easy, and there is a lot that goes into making a move. Steve and his team recognize the stresses and difficult decisions that go into making a business location move. [With them], you’ll be working with a team of truly great people who go the extra mile for you and your business.”
Choosing the perfect business location indeed has its challenges, but combining industry and location research with a top-performing developer who cares and communicates is equally as important.
Let SAMM Properties, Inc. provide developer support for your land selection, real estate development, or commercial property needs. Please view our portfolio of completed projects and contact our office for more information.
“Working with SAMM Properties was so easy. They anticipated what I needed before I even thought of it. I never had to ask any questions about the process. Everything was explained in detail all along the way. I would recommend them to anyone looking to lease or purchase space for their business.”
“After renting my office space for 20 years we purchased our medical office space from SAMM Properties four years ago. Best business decision I've ever made! SAMM is easy to work with and they over deliver. I highly recommend them.”
“Steve Anderson is a quality person, who builds a quality product, and makes the entire process a quality experience. He knows what owners want and need in a commercial property. I have purchased two units in Howe Creek Landing and have been delighted.”
“We worked with Steve Anderson on the lease of our office space in Mayfaire. We were thrilled with the final outcome and look, all beyond our expectation. What we appreciate most was his communication, attention to detail, and delivery of expected results and then some within the expected time frame.”
“My wife and I were leasing space for our retail store here in Wilmington and Steve approached us about purchasing space in Phase II of Anderson Square. Since we had always wanted to own our store space, we actively pursued purchasing a location in Anderson Square. I had known Steve for a number of years but had never had a business relationship with him. I was not surprised at all to find that it was an absolute pleasure to deal with him as our new location was being built. He was always available to help in any way he could to be a problem solver during the construction. I had been expecting a lot of hassles during the build as the gremlins seem to thrive around construction sites, but my experience was the opposite. If I needed help or advice, Steve was right there smoothing the way.
We opened our new location in 2004 and I worked closely with Steve until he sold his interest in Anderson Square in 2016. During those years, I found him to be very concerned about the welfare of all the store owners in the center and was constantly picking up trash, hanging Christmas decorations or driving through to check on any parking problems. Steve is the type of developer that remains involved in his projects long after they are completed. I would highly recommend him to anyone looking to own or lease a portion of any project he is building.”