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Coldwell Banker Real Estate's commercial program flourishes.


PARSIPPANY, N.J.--(BUSINESS WIRE)--Feb. 18, 1997--

Over 350 commercial agreements signed since November November: see month.  1996

Coldwell Coldwell may refer to:
  • Addy Joaquín Coldwell, Mexican politician
  • Coldwell Banker, American real estate franchise
  • Cec Coldwell, English footballer & team manager
  • Douglas-Coldwell Foundation, Canadian think tank
  • George R.
 Banker Real Estate Corp. (CBREC CBREC Coldwell Banker Real Estate Corporation )'s strategy to grow its commercial real estate business through its existing affiliate base has paid off, with over 350 commercial agreements signed since the expansion of the company's commercial program began in November 1996. That number is expected to grow to at least 500 members by the end of 1997.

In addition to developing commercial real estate entities through existing COLDWELL BANKER affiliates, CBREC is in discussion with several independent commercial companies about joining the program. Those who take advantage of this opportunity will be able to leverage and use the nationally recognizable COLDWELL BANKER Commercial name, its marketing programs and upscale image for commercial real estate purposes.

COLDWELL BANKER commercial brokerages provide a range of commercial real estate services, including: acquisitions, dispositions, leasing, asset and property management, market research, consulting and investment property sales.

"The timing of our expansion in the commercial real estate market was excellent as the industry has experienced significant growth over the last two years," said Steve v. t. 1. To pack or stow, as cargo in a ship's hold. See Steeve.  Pearson Pear·son   , Lester Bowles 1897-1972.

Canadian politician who served as prime minister (1963-1968). He won the 1957 Nobel Peace Prize for his role in the negotiation of a solution to the Suez crisis (1956).
, senior vice president, commercial business development. "There has been an increasing momentum in business development, rents are increasing in most markets, and savvy investors have begun to recognize the return of value in commercial real estate.

"The use of the COLDWELL BANKER Commercial name leverages the quality reputation the company has enjoyed for over 90 years and attracts companies interested in growing through affiliation with top quality franchised brand. While the commercial and residential businesses are very different, the basic requirements for state-of-the-art technology, creative marketing, effective training and quality customer service are the same. COLDWELL BANKER is a leader in all of these areas. We are extremely enthusiastic about the response to our program to date."

Coldwell Banker Real Estate Corp., a subsidiary of HFS (Hierarchical File System) The file system used in the Macintosh. The first version, known as "Mac OS Standard," was introduced in 1985. HFS+, an enhanced version, came out in 1998 in preparation for the upcoming Mac OS X operating system.  Inc. (NYSE NYSE

See: New York Stock Exchange
: HFS), is North America's leading full service provider of real estate and corporate relocation services Relocation services or "employee relocation" includes a range of internal business processes that are engaged to transfer employees (and often their families) or entire departments of a business to a new work location. , with more than 2,500 franchised real estate offices and more than 55,000 sales associates.

CONTACT: Coldwell Banker Real Estate Corp., Parsippany

Jane Baxter Lynn, 201/952-8414
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 18, 1997
Words:357
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