Basin Street Properties, a prominent northern Nevada and northern California real estate investment, development, and management firm, is pleased to announce Magnolia Bank has signed a lease for 3,665 square feet at Oak Valley Business Center in Santa Rosa, California.
“It’s an excellent location which will allow continued growth in mortgage originations,” said Jason Ehrlicher, Magnolia Bank’s LPO Branch Manager. “Magnolia Bank continues to innovate and thrive since its founding in 1919, and we are happy to serve customers across the country.”
Magnolia Bank is dedicated to providing great customer service through its “Personal Way” approach, which includes fostering employees’ personal and professional growth, increasing shareholder value, and encouraging community involvement through time and resources. Magnolia Bank honored its 100th year of service to its clients and communities in 2019. Magnolia Bank has grown to over $400 million in total assets as of September 2020.
“We’re excited to welcome Magnolia Bank to Oak Valley Business Center’s diverse tenant mix including healthcare, engineering, wine and now finance.” said Scott Stranzl, Chief Portfolio Officer of Basin Street Properties. “Oak Valley’s campus-like setting provides many nearby amenities and easy access for employees and customers alike.”
Oak Valley Business Center consists of three 2-story Class A office buildings that total 132,000 square feet. It is located within the Airport submarket conveniently close to the Santa Rosa Airport. The center offers beautiful water features, picnic areas, a volleyball court along with spectacular views of Mount St. Helena. The center further features ample free parking for employees and clients plus an automated card key system for safe after-hour access.
ABOUT MAGNOLIA BANK:
Since its foundation in 1919, Magnolia Bank has been an independent community bank serving the local community. The Bank celebrated its 100th year of serving clients and communities in 2019. The company’s tagline, “We have a personal way,” is exemplified by employees’ daily acts. For more information visit magnoliabank.com.
ABOUT BASIN STREET PROPERTIES:
Basin Street Properties, established in Petaluma in 1974, is one of Northern California’s and Northern Nevada’s most prominent developers, investors and managers of commercial properties. The company owns and manages over 5 million square feet of Class A office space. Basin Street is widely recognized for its office, retail, hospitality, multi-family and mixed-use developments. The company offers a broad range of real estate services, including development, property management, construction management, financial and asset management, and property acquisition and disposition. For more information, visit basin-street.com.