Bank acquires 44K-square-foot office campus in Duncan for expansion

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A Spartanburg-based bank has acquired an office campus in Spartanburg County.

The 44-000-square-foot campus at 310 Inglesby Parkway in Duncan will house The Southern Bank’s customer support administration and loan operations department, according to a news release.

“This acquisition is very exciting and will expedite our growth plans for The Southern Bank. It represents a significant investment in our community and our commitment to providing the highest level of service to our customers,” said Scott Frierson, president of The Southern Bank, said in the release. “We are thrilled to have the opportunity to expand our presence in the Upstate community and continue to serve the area’s financial needs for generations to come.”

The Southern Bank moved its headquarters to the Upstate last year because of the area’s  booming economy and growing population, the release stated. The new complex is located with visibility from Interstate 85 and efficient access to two of the most heavily traveled interstate systems in South Carolina. It is positioned in one of the fastest-growing residential corridors and is located in the center of a 5-mile radius with the highest concentration of industrial users between Atlanta and Charlotte, according to the release.

The Southern Bank’s lean branch model emphasizes operating a best-in-class digital experience for its customers backed by a robust, state-of-the-art operations center, the release stated. This acquisition accelerates the bank’s growth plans in Upstate South Carolina and beyond.