[caption id="attachment_19386" align="alignright" width="314" caption="Circle Bank plans to redevelop 999 Grant Ave. in Novato according to the design, shown here in a rendering by Crome Architecture, proposed by the previous owner."][/caption]
NOVATO -- Circle Bank today announced it completed the acquisition of property to house its headquarters at 999 Grant Ave. in Novato.
The current building on the site will be torn down.
The privately held bank did not disclose the purchase price.
“We are pleased that we can now begin the process to help create a downtown gateway,” said Kim Kaselionis, president and chief executive officer of the bank. “While there are many additional steps to be accomplished, we anticipate being able to move in during 2012.”