Friday, September 5, 2008

Real estate companies merge to create 215-member team

The merger between Keller Williams of Northern Colorado and Fort Collins Real Estate creates a 215-broker team that includes a new commercial division, KW Commercial, which was launched last week.

Fort Collins Real Estate owner Mike Jensen, who specializes in commercial, investment and residential real estate in Old Town and the North College Avenue corridor, will lead KW Commercial.

"I'm most excited for the KW Commercial brand and the enhancement that it will afford our agents," Jensen said. "We will maintain a strong downtown niche and together we will be a force to be reckoned with."

The combined company will have more than 215 agents in Northern Colorado, with more than $300 million in annual sales.

The Group Inc., the largest residential brokerage in Northern Colorado, has about 210 agents and $1.3 billion in sales. It spun off its commercial group into Sperry Van Ness/The Group Commercial LLC in November when the commercial brokerage firm expanded to Fort Collins.

Sharianne Daily, president of The Group, said the merger between Fort Collins Real Estate and Keller Williams "brings the strength of the two companies together and national recognition with Keller Williams and the local recognition with Fort Collins Real Estate especially with the downtown market."

In Colorado, Keller Williams has 28 locations and more than 2,800 agents.

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