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Brokerage

Coldwell Banker Residential Brokerage Expands Presence In Chicago's Southwest Suburbs

August 11, 2017

CHICAGO, Aug. 11, 2017 /PRNewswire/ -- Coldwell Banker Residential Brokerage in Chicago announced today it has acquired the assets of Wm C. Groebe & Co., which does business as Groebe Real Estate in Palos Heights, Illinois. This announcement follows on the heels of Coldwell Banker Residential Brokerage's acquisition of Chicagoland Realty Services in the West Loop last month.

  • William Groebe, former owner of Wm C. Groebe & Co., will affiliate with Coldwell Banker Residential Brokerage in a sales capacity.
  • The company has 19 affiliated agents and will now conduct business under the banner of Coldwell Banker Residential Brokerage.
  • Coldwell Banker Residential Brokerage is part of NRT LLC, the nation's largest residential real estate brokerage.

Wm C. Groebe & Co. has served Chicago's Southwest suburbs since it was founded in 1926 and specializes in residential, commercial and investment property purchases and sales, and building management services.

QUOTES:
"Groebe Real Estate brings a storied history of residential and commercial real estate success across the Southwest suburbs of Chicago. Through this acquisition, we can diversify and reinforce the services we provide customers in a pivotal area of the marketplace. We are pleased to work alongside William and his knowledgeable group of agents as we further differentiate ourselves from the competition."

- Fran Broude, president of Coldwell Banker Residential Brokerage

"Coldwell Banker Residential Brokerage commands a comprehensive suite of tools and technology. I look forward to watching our agents harness the power of those resources to not only expand their business, but provide their clients with an even higher level of real estate services."

- William Groebe, former owner of Wm C. Groebe & Co.

About Coldwell Banker Residential Brokerage
Coldwell Banker Residential Brokerage, a leading residential real estate brokerage company serving Chicagoland, Northwest Indiana, Southeast Wisconsin and Southwest Michigan, operates 50 offices and is affiliated with more than 3,600 agents. Coldwell Banker Residential Brokerage is part of NRT LLC, the nation's largest residential real estate brokerage company. For more information, please visit www.coldwellbankerhomes.com.

Media Contact:
Mike Purgatorio
847.313.6771
Mike.Purgatorio@cbexchange.com