Coldwell Banker Commercial(R) Network Announces Addition of Gunstream Commercial Real Estate

Coldwell Banker Commercial(R) Network Announces Addition of Gunstream Commercial Real Estate

Prominent Idaho Commercial Real Estate Firm Joins National Franchise Network


August 05, 2008 // Franchising.com // PARSIPPANY, N.J. — Coldwell Banker Commercial Affiliates, one of the world's largest commercial real estate brokerage franchise systems, today announced the addition of Gunstream Commercial Real Estate to its national franchise network. Gunstream is a well known commercial real estate firm headquartered in Nampa, Idaho.

Owned by 20-year commercial real estate veteran Jerry Gunstream, the firm has successfully served the Nampa, Boise and other surrounding Idaho markets for the last decade. The company will now be known as Coldwell Banker Commercial GUNSTREAM & Associates.

Gunstream is a full-service commercial real estate company, providing commercial brokerage services for office, retail, industrial, land and investment properties, property management, construction management, and land development.

"CBC GUNSTREAM & Associates is another significant addition to our network and we welcome them aboard," said Rick Davidson, president and chief operating officer of Coldwell Banker Commercial Affiliates. "This is an outstanding firm in a growing market, and embraces what we also believe are the keys to success in this industry: great leadership, unsurpassed market knowledge and a vision for the future."

"Our regional growth has us ranked as one of the leading commercial real estate companies in the Boise/Nampa area, and with our affiliation with Coldwell Banker Commercial we have the opportunity to expand and have even more influence in shaping the future commercial growth of our entire metropolitan area," said Gunstream, the firm's president. "In addition, I believe this move will help ensure that our organization is sustainable for years to come. We're excited about this affiliation and confident that the combination of Coldwell Banker Commercial and Gunstream has the potential to become one of the very best commercial real estate brokerage and management companies in our industry."

The main headquarters for CBC GUNSTREAM & Associates will continue to be at 172 Second Street South in Nampa, Idaho and the firm is currently expanding the location.

About Coldwell Banker Commercial Affiliates

Coldwell Banker Commercial Affiliates is one of the leading franchisors of commercial real estate services through the Coldwell Banker Commercial® brand. Coldwell Banker Commercial is a registered trademark licensed to Coldwell Banker Real Estate LLC. Through its independently owned and operated offices, the Coldwell Banker Commercial network is a premier provider of real estate services and is a leader in the commercial real estate industry. The Coldwell Banker Commercial network of brokers serves the needs of owners and occupiers in the leasing, acquisition, disposition, structured finance and management of all property types. The Coldwell Banker® network of commercial brokers can be found in 41 countries in North America, South America, Europe, Africa, Asia and Australia. Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, the world's largest real estate franchisor. For additional information on the Coldwell Banker Commercial organization, visit the brand's Web site at www.cbcworldwide.com, or contact us at (800) 222-2162.

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