In moving its corporate headquarters from Farmington Hills to Southfield, TD Auto Finance will become the largest tenant in Two Towne Square with 35,000 square feet and will have their company name prominently displayed on top of the building. The auto lender has approximately 340 employees and is a financial-services provider that offers dealer finance plans, dealer services and retail consumer finance plans.
Andrew Stuart, President and CEO of TD Auto Finance, said the company’s hybrid work model, instituted during the pandemic, has allowed them to reduce their real estate footprint.
“This new location is going to offer a much more collaborative and efficient work environment for our employees,” Stuart said.
Two Towne Square includes an onsite deli/cafeteria, conference centers, a fitness center, a covered parking deck, and easy access to all major freeways, according to Stuart.
TD Auto Finance was established in 2011 when Toronto-based Dominion Bank, the parent of TD Bank, purchased Chrysler Financial Corp., in a deal valued at $6.3 billion. The auto lender is looking to complete its move to Two Towne Square late in the third quarter or early fourth quarter of this year.
Read the full story in the January 9 issue of Crain’s Detroit Business.
