Coldwell Banker Commercial TradeMark Properties Announces Merger With Income Properties Of Raleigh
Local Commercial Real Estate Firms Strengthen Portfolio, Client Services
- Raleigh-Durham-Chapel Hill, NC (1888PressRelease) March 02, 2012 - Billie Redmond, president and CEO of Coldwell Banker Commercial TradeMark Properties (http://www.cbctmp.com) has announced that the firm has merged with and absorbed the brokers and clients of Income Properties of Raleigh, Inc. (http://www.incprop.com/) another highly successful local commercial real estate firm. Transferring from the latter will be founder Bill Hicks, who will focus on retail investment property opportunities, and Jason Stowe, a certified property manager, who will provide leadership of the merged commercial property management division. Income Properties of Raleigh, Inc. clients who will be joining the Coldwell Banker Commercial TradeMark Properties portfolio include The Shoppes at Battle Bridge and Market at Perry Creek in Raleigh, Ashley Village in Cary, N.C., Morehead Plaza in Morehead City, N.C. and Market At Southern Pines in Southern Pines, N.C.
The merger grew out of opportunities to combine the strengths of two established and well respected companies in order to provide services in an exponentially expanding market. It will allow Coldwell Banker Commercial TradeMark Properties, the largest commercial real estate firm in the Triangle area, to position itself as a model of financial knowledge and brokerage expertise for clients.
"Bill and his team bring an impressive portfolio of retail sales and leasing experience to Coldwell Banker Commercial TradeMark Properties," said Redmond. "Our business model and professional synergy will create an even stronger team ready to serve clients, and I am proud of what we will be able to accomplish throughout the Triangle."
"This merger allows us to take innovation and foresight in commercial real estate to entirely new levels," said Hicks. "We are excited to bring our knowledge of retail to the best team of agents in the area."
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- All available commercial real estate properties handled formerly by Income Properties of Raleigh, Inc, as well as other TradeMark holdings, can be found at http://www.cbctmp.com. Sale and lease listings include detailed information regarding price, square footage and location.
ABOUT COLDWELL BANKER COMMERCIAL TRADEMARK PROPERTIES:
Coldwell Banker Commercial TradeMark Properties offers a full range of real estate and investment advisory services. From acquisition evaluation and due diligence tasks, through value enhancement and disposition strategies, TradeMark guides its clients through every phase of real estate investment opportunities. Partnering with strategic alliances, TradeMark offers coordination of services such as equity development, financing, credit management, architectural and engineering services, development or project management oversight and relocation services. TradeMark is organized around advisory services, such as sales, leasing, and asset management, including facility management and maintenance services. Its advisors are market experts in their areas of industry specialization, which include commercial, residential, retail, industrial, multi-family and investment property sales. The executive management team of Coldwell Banker Commercial TradeMark Properties has more than 200 years of combined real estate experience. For the past four years, Triangle Business Journal has ranked the firm as the No.1 Commercial Real Estate Company in the Triangle, and the same publication has named the firm among the area's Best Places to Work. TradeMark is also recognized as one of the Top 25 Women-Owned Businesses in North Carolina. For more information, please call (919) 782-5552 or visit http://www.cbctmp.com.
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