Veritex Community Bank Opens Satellite Office in Houston Memorial Area

Rhea-AI Summary

Veritex Community Bank has signed a lease for 12,200 square feet of office space at the newly constructed Village Tower, located at 9655 Katy Freeway, Houston. This move aims to support the growth of their Corporate, Commercial, and Industrial banking teams. The timing coincides with Veritex being recognized as one of Fortune’s 100 fastest-growing companies. The new office features modern amenities, including a gym and conference center, and enhances collaboration opportunities amid changing work dynamics post-COVID-19.

Positive

• New lease expansion of 12,200 square feet at Village Tower, enhancing business operations.
• Recognition as one of Fortune’s 100 fastest-growing companies boosts company reputation.
• Location offers modern amenities, facilitating better collaboration and client meetings.

Negative

• None.

Veritex Community Bank has announced it has signed a lease on first generation office space at the newly constructed Village Tower, 9655 Katy Freeway, near Memorial City. In an effort to meet the needs of the growing Veritex Corporate, Commercial and Industrial banking teams, Veritex Bank partnered with CBRE to find a location that would allow for continued growth.

Village Towers - Houston, TX. (Photo: Business Wire)

“We were considering new office space prior to COVID-19, and as the year progressed, we carefully observed how our team functions. The need for office space to meet clients whether that is in person or video conferencing still exists as well as the ability to collaborate with other team members in a safe way,” said Jon Heine, Houston Market President. “Having just been recognized as one of Fortune’s 100 fastest growing companies, we found the timing to be perfect to add a west Houston location.”

The new lease is comprised of 12,200 square feet of office space and prominent vertical signage on the façade of Village Towers. The amenity rich property includes a gym, oversized conference center, ample dining options such as Masraff’s, Texadelphia, Treebeards, and more.

About Veritex Bank

Veritex Community Bank is a mid-sized community bank serving its customers with a full suite of banking products and services. The bank has over 40 branch locations in Houston, Fort Worth and Dallas, Texas, with total assets of over $8 billion. The bank, headquartered in Dallas, Texas, specializes in providing depository and credit services small- to mid-size businesses, which have been largely neglected by national banks. The name “Veritex” is derived from the Latin word “veritas,” meaning truth, and “Texas.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20210209006159/en/

FAQ

What recent expansion did Veritex Community Bank announce?

Veritex Community Bank announced a lease for 12,200 square feet of office space at Village Tower in Houston.

How does the new location benefit Veritex's banking teams?

The new office space supports the growth of their Corporate, Commercial, and Industrial banking teams, allowing for better collaboration and client engagement.

What is the significance of Veritex being recognized by Fortune?

Being named one of Fortune’s 100 fastest-growing companies enhances Veritex's reputation and validates its business strategy.

What amenities does the new office at Village Tower include?

The new office features amenities such as a gym, oversized conference center, and various dining options.