The winning location is close to the intersection of Texas 121and Denton Tap Road in the Dallas County suburb of Coppell. Thesearch by Town Centre Bank's Edward Thomas, president, and RobertBuhholz, chairman, was confined to Coppell, where frontage alongDenton Tap Road runs from $9 per sf to $17 per sf.
Paul Stockard with NAI Stoneleigh Huff Brous McDowell tellsGlobeSt.com that he found the winning site on a routine drive-byand saw a sign stuck in the ground. Three months later, the1.6-acre deed changed hands in an all-cash buy at a "market rate,"he says. Carter Butler with JT Evans Co. of Dallas represented theseller, Denton Tap Development. Stockard says the new bank'sprincipals have yet to decide how many locations they willopen.
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