Florida-Based CenterState Bank Opens Atlanta Office


CenterState Bank Expands Correspondent Banking Operations with Addition of Former Silverton Bank Personnel and Founding of Atlanta Office

Press Release, October 23, 2009

ATLANTA – CresaPartners, an international corporate real estate advisory firm, assisted CenterState Bank in its lease of 10,426 square feet at 400 Interstate North Parkway, Suite 200, Atlanta, Georgia 30339. Kathy Burke, Vice President of CresaPartners Atlanta, represented CenterState Bank in lease negotiations for its new location in Platinum Tower in Cobb County.

Like many banks, CenterState Bank formerly relied on the products and services of Atlanta-based Silverton Bank, especially their strong Capital Markets and Payments/Operations specialties. On Friday, May 1, 2009, Silverton Bank was closed by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. The customer service culture at Silverton and the quality of their correspondent banking officers had been a consistent trademark in the southeastern community banking markets for the past twenty years. Following Silverton’s closure, CenterState Bank employed several key Silverton employees to enhance its correspondent team, led by Brad Jones (Senior Vice President - Capital Markets), Kellie Endres (Senior Vice President - Payments/Operations), and Brett Rawls (Senior Vice President - Business Development and Marketing). This trio will manage the newly expanded correspondent banking division, based in Atlanta, Georgia.

“Taking a full floor at Platinum Tower will assist in establishing our identity in Atlanta and provides room for growth,” said Brett Rawls, Senior Vice President of CenterState Bank. “CresaPartners’ involvement was instrumental in helping us open this office in less than 90 days.”

“CenterState Bank had an urgent need to get up and running as quickly as possible,” said Kathy Burke, Vice President with CresaPartners. “The space selected was immediately available, fit the budget and also offered excellent access to major freeways. The bank will also enjoy not only the on-site conferencing facilities, but also access to the facilities at close-by Wildwood Office Park.”
 
Katherine Lynch, with CB Richard Ellis, represented CBRE Investors, the owner of the 400 Interstate North Parkway building. The 300,000 square foot, Class A office building was built in 1987 and was recently awarded LEED certification by the U.S. Green Building Council. It was also awarded an Energy Star label in 2008 for its operating efficiency.


About CenterState Banks, Inc.
CenterState Banks, Inc. headquartered in Davenport, Florida, is a multi-bank holding company with four separately chartered banks: CenterState Bank Central Florida, CenterState Bank, N.A., CenterState Bank of Florida, and Valrico State Bank. Presently, the Company operates through 38 locations in ten counties throughout Central Florida, providing traditional deposit and lending products and services to its commercial and retail customers. The Company, through its Correspondent Banking Department, also provides bond sales services; correspondent bank checking and fed funds purchased products; and safekeeping, bond accounting, and asset/liability consulting services to small to medium size financial institutions primarily located in Florida, Alabama, and Georgia.


About CresaPartners, LLC
CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Relocation Planning and Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Lease Administration, Capital Markets, Sustainability, Supply Chain and Facilities Consulting. With more than 50 offices, CresaPartners is the largest tenant representation firm in North America. Internationally, CresaPartners covers more than 125 locations in 35 countries. For more information, visit www.cresapartners.com.