Coldwell Banker Commercial Affiliates adds Leading Atlanta Firm, Metro Brokers, as Newest Member of its Franchise Network

December 07, 2009 // // PARSIPPANY, N.J. -- Coldwell Banker Commercial Affiliates LLC a leading commercial real estate franchisor, today announced that the commercial real estate division of Atlanta's Metro Brokers has joined the Coldwell Banker Commercial® franchise network and will now operate as Coldwell Banker Commercial Metro Brokers.

"This is an exciting day for the Coldwell Banker Commercial organization as we strengthen our presence in the Southeast," said Richard W. Davidson, president and chief operating officer of Coldwell Banker Commercial Affiliates LLC. "We have grown over the years through a 'hub and spoke' model where our affiliates in major metros work cohesively in leveraging business back and forth with our affiliated companies in secondary and tertiary markets. This new affiliation provides our Coldwell Banker Commercial organization with an increased presence in one of the nation's top commercial real estate markets and gives us momentum for additional growth."

Coldwell Banker Commercial Metro Brokers has 150 commercial real estate professionals who specialize in a variety of commercial real estate sectors including office, retail, industrial, multi-family, lodging and land sale. The firm was recently ranked among Atlanta's Top 25 commercial real estate brokerages by the Atlanta Business Chronicle, Coldwell Banker Commercial Metro Brokers will continue to serve the 20-county Atlanta market.

"In searching for a new affiliation for our commercial division, it quickly became apparent that the right fit was with Coldwell Banker Commercial," said Kevin Levent, President of Coldwell Banker Commercial Metro Brokers. "Our niche is in working with mid-sized clients and investors who rightfully demand outstanding service. We needed to affiliate with a brand that has the right personality and size to fit our needs. The Coldwell Banker Commercial network offers us a national presence with a management team devoted to assisting on every level."

Coldwell Banker Commercial now has more than 200 offices and 2,300 commercial real estate professionals nationwide.

About Coldwell Banker Commercial Affiliates LLC

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. Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, the world's largest real estate franchisor.


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