County Commerce Bank Acquires Building in Westlake Village for $3M

WESTLAKE VILLAGE, CALIF. — County Commerce Bank has acquired a freestanding bank building located at 2663 Townsgate Road in Westlake Village. The 4,183-square-foot property sold for $3 million, or $621 per square foot.

County Commerce Bank plans to open a new branch at the location once the existing lease to Rabobank ends in October.

Michael Schiff of NAI Capital represented the seller, Westlake Gateway Properties, in the transaction.