- March 27, 2024
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NAPLES — Coldwell Banker Commercial NRT saw a 119% increase in its sales volume in Southwest Florida between 2009 and 2010. The company says a marketing campaign focused on bank-owned and distressed real estate paid off.
The company sold 300 bank-owned properties last year, a release said. One of those was the Pan American Professional Center, which sold for $2.5 million last August.
Mike Carr, Coldwell Banker Commercial's regional director for Southwest Florida, says the firm is hoping to see further improvements in this year's market. “Our pending sales are already up this year,” Carr says, “and referrals keep coming.”
Coldwell Banker Commercial also facilitates the sale of select business opportunities. In 2010, associates Phil Rice and Robin Hill sold a nautical business for $1.2 million, while Dick Green and Tim Eovino sold a publishing business for $1.25 million.
Coldwell Banker Commercial NRT is a division of NRT Inc., which is a subsidiary of Realogy Corp. (symbol: H). Coldwell Banker Commercial operates in 21 states.