BELMONT, Mass. — Leader Bank has purchased 72 Leonard St. in Belmont for $2.825 million, acquiring a former Bank of America location in the town’s central business district.
The seller, Newman Properties, in partnership with New-Bar LLC, announced the sale Aug. 11.
The property features a dedicated drive-thru, prominent street frontage and significant pedestrian traffic. Newman Properties said those characteristics made the property an attractive location for a financial institution seeking an expansion site…