Encore Bank Signs Lease for Nashville Branch on Music Row
LITTLE ROCK, Ark. (Aug. 30, 2022) – Historic Music Row will soon be the home of Encore Bank’s new Nashville branch. Known for its concierge approach to banking, innovative technology and experienced bankers, Encore Bank has signed a lease agreement to secure a prominent space inside 1030 Music Row, located at 1030 16th Avenue South.
Encore Bank will occupy 6,800 square feet on the third floor of the boutique office building. An eco-friendly development, 1030 Music Row spans five stories of mass timber with 26,000 square-feet floorplates. The building also features floor-to-ceiling glass throughout, touchless elevator controls and outdoor private terraces with views of Vanderbilt and Music Row.
“We are looking forward to opening our permanent office on the famous Music Row,” said Nashville Regional President Stephen Fawehinmi. “Located just one block from Edgehill Village with direct access to Vanderbilt and Midtown, 1030 Music Row is easily accessible by all major highways and local neighborhoods. With its eco-friendly design, its convenient location and the area’s rich history, 1030 Music Row is the perfect place to establish Encore’s presence in Tennessee.”
JLL represented the landlord, Panattoni Development Co., in the transaction and Snipes Properties represented Encore Bank.
“I look forward to seeing Encore Bank's vision for their first office in Nashville come to life, as it will be a unique addition to the Music Row corridor,” said Stan Snipes, president of Snipes Properties. “It was an absolute pleasure representing Stephen and the team at Encore Bank. Panattoni has done a remarkable job on the development of the 1030 Music Row building and Sarah Pettigrew with JLL was a true professional."
In March of 2021, Encore Bank announced it would be expanding its footprint into Nashville with Fawehinmi leading the expansion. Fawehinmi has more than 23 years of experience in banking, with 17 of those years spent in the Nashville area. Fawehinmi is currently building a team of 8 to 10 experienced banking professionals and expects to open the full-service branch this winter.
Established in 2019, Encore Bank is the fastest organically growing bank in the country among banks with total assets greater than $750 million, according to data collected from S&P Global Market Intelligence. The bank is currently operating in 21 markets across nine states.