Coldwell Banker Commercial Adds Thompson Realty Group in Lincoln, Nebraska, to Growing Affiliate Network

Coldwell Banker Commercial Adds Thompson Realty Group in Lincoln, Nebraska, to Growing Affiliate Network

October 23, 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 Thompson Realty Group to the Coldwell Banker Commercial (CBC) national franchise network. This firm will now do business as CBC Thompson Realty Group.

CBC Thompson Realty Group is a full service commercial real estate firm that has served the Lincoln, Neb., market for the past 19 years. The firm develops and leases space in most major commercial real estate property sectors, including retail, office, medical office and industrial. Currently the firm manages over 1.5 million square feet of total space.

CBC Thompson Realty Group is owned by 30- year commercial real estate veteran Kent Thompson and managed by Pat Elgert, vice president marketing, sales and leasing. The company's headquarters will remain at its current location of 5617 Thompson Creek Blvd. in Lincoln, Neb.

"During the last year, Coldwell Banker Commercial has continued expand our global network of dedicated sales professionals and commercial real estate experts by identifying top of the market firms in targeted markets like Thompson Realty Group," said Rick Davidson, president and chief operating officer of Coldwell Banker Commercial Affiliates. "When we pinpointed the Lincoln, Nebraska, region as a growing market to pursue, Thompson Realty Group stood out as the only local firm with the leadership and reputation we want in an affiliate partner. We're delighted to have them on board."

"The reputation we have cultivated as one of the true leaders in our local commercial real estate market is something we're very proud of," notes Kent Thompson. "In order to invest in our future, we had to find a recognized national partner with the kind of marketing and training tools that will help us serve more customers and ultimately increase our revenue. The Coldwell Banker Commercial business model and its first class resources aligned perfectly with our expansion goals."

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 (CBC) 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 award winning Web site at www.cbcworldwide.com, or contact us at (800) 222-2162

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