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About Coldwell Banker Commercial
The roots of Coldwell Banker Commercial®
date back to 1906 when Colbert Coldwell played a key role
in rebuilding San Francisco after the devastating earthquake.
Later joined by Benjamin Arthur Banker, the two partners established
a company committed to commercial real estate.
Over the next several decades, Coldwell
Banker embarked on a nationwide expansion to become the dominant
commercial real estate company across America. In 1937, Coldwell
Banker formed a residential real estate operation to become
a full-service real estate company.
Sears, Roebuck & Co. formed the Sears
Financial Network and acquired Coldwell Banker in 1981. The
1980s were a decade of tremendous growth for the company as
Coldwell Banker acquired several companies throughout the
United States.
In 1989, Sears, Roebuck & Co. sold
the commercial side of Coldwell Banker to a group presently
known as CBRE (CB Richard Ellis). As a result of the purchase,
the companies agreed to not-compete in major markets, and
this agreement expired in 1994.
In 1996, Coldwell Banker was acquired by
HFS, Inc. (now Cendant Corporation, NYSE: CD) and became part
of the world's largest real estate franchise organization.
In 1998, Cendant expanded the Coldwell Banker Commercial brand
under both an affiliate and company owned business model.
The affiliate company quickly grew in secondary and tertiary
markets, and is concentrating expansion in major markets.
The brand development has resulted in Coldwell Banker Commercial
being one of the top globally recognized commercial real estate
entities.
Today, Coldwell Banker Commercial has over
500 offices and more than 4,000 associates to provide clients
with industry leading commercial real estate solutions.
For more information on Coldwell Banker
Commercial, please visit www.coldwellbankercommercial.com.
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