BankPlus completes acquisition of Paragon Centre

BankPlus Expands Operations with Acquisition of Paragon Centre in Ridgeland, Mississippi

BankPlus has made an exciting announcement today with the acquisition of Paragon Centre, a 14-acre office complex located on Highland Colony Parkway in Ridgeland, Mississippi. This acquisition marks a significant step in the bank’s strategic expansion initiatives, providing ample space for bank and mortgage operations, as well as other support areas, to facilitate future growth.

The 14-acre office complex includes three Class A office buildings, totaling approximately 150,000 square feet. This new property will not only provide BankPlus with the necessary space to accommodate its current operations but also allow for future expansion in line with the bank’s long-term growth plans.

Jack Webb, President and CEO of BankPlus, expressed his enthusiasm for the acquisition, stating that “Paragon Centre aligns perfectly with our vision for the future growth of BankPlus. This new space will support our strategic initiatives and allow us to better serve our customers and communities for years to come.”

BankPlus has a strong commitment to serving its customers and communities, and the acquisition of Paragon Centre reflects the bank’s dedication to providing top-notch services in the region. This move also demonstrates BankPlus’ investment in the local economy and its confidence in the growth potential of Ridgeland, Mississippi.

The new office complex is strategically located on Highland Colony Parkway, offering convenient access and visibility for both customers and employees. The addition of this new space will enable BankPlus to optimize its operations and enhance efficiency to better meet the needs of its expanding customer base.

Furthermore, the acquisition of Paragon Centre underscores BankPlus’ continued investment in the local community. As a trusted financial institution, BankPlus is committed to creating a positive impact in Ridgeland and the surrounding areas. By expanding its operations in the region, BankPlus aims to create jobs and opportunities for economic growth, further contributing to the overall prosperity of the community.

In conclusion, the acquisition of Paragon Centre is a significant milestone for BankPlus as it continues to position itself for long-term success and growth. With this new office complex, BankPlus is poised to strengthen its presence in Ridgeland, Mississippi, and play a pivotal role in the economic development of the region. The bank’s commitment to providing exceptional services to its customers and supporting the local community remains unwavering as it embarks on this new chapter of expansion and opportunity.

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