Finance Co. Grows and Saves While Staying Put in Montgomery County

GAITHERSBURG, MD-Arrow Financial Inc. finds larger digs in the same town, with its move to a 23,000-sf space in a single-story structure in Avenel Business Park at 205 Perry Parkway.

By Barbra Murray | September 09, 2003 at 01:01 AM

"With this move, Arrow Financial will be able to increase overall operating efficiency by controlling its own environment, maximizing parking, and reducing overall occupancy costs by 26%," explains Tom Birnbach of CRESA Partners, the real estate services firm that helped Arrow Financial negotiate its leasing arrangement. Southport Properties represented property owner, BF Saul Co., in the transaction.

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