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Deals & Dealmakers

Coldwell Banker Commercial Alliance completes merger with CBC Advisors

Its 110-year legacy has earned Coldwell Banker Commercial its distinction as the most recognizable brand in commercial real estate. Further solidifying that reputation, the New York City office of Coldwell Banker Commercial Alliance (CBC Alliance) has finalized its merger with the top-performing Coldwell Banker Commercial affiliate in the world: Coldwell Banker Commercial Advisors (CBC Advisors).

“This historic acquisition and resulting expansion create a powerful national footprint to restore the vision of industry pioneers Colbert Coldwell and Benjamin Banker,” said Brandon Fugal, Chairman of CBC Advisors.

Both entities ran flagship offices in their respective areas of operation, implementing a full-service approach to commercial brokerage. Together, CBC Advisors and CBC Alliance comprise 500 professionals in 10 states. The combined network operates 30 office locations coast to coast. CBC Advisors and CBC Alliance share an entrepreneurial culture built on a broker-centric delivery model.

“CBC Advisors is committed to aggressive expansion throughout New York,” said Lew Cramer, CEO of CBC Advisors. “Our professionals have established a dominant record of excellence as the largest and top-performing CBC affiliate globally. A partnership allows for significant increases to platform, resources and footprint.”

All 10 CBC Alliance offices in primary and dynamic secondary markets will transition to the Advisors platform effective immediately. The union further strengthens a professional network that has quadrupled in size over the last three years while maintaining a world-class level of service. For more information on CBC Advisors and to inquire about commercial real estate opportunity in New York City visit www.cbcadvisors.com.

 

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