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Brokerage

Coldwell Banker Residential Brokerage Continues Expansion In Chicago

August 16, 2017

CHICAGO, Aug. 16, 2017 /PRNewswire/ -- Coldwell Banker Residential Brokerage in Chicago announced today it has acquired the assets of McMullen Real Estate Inc. in Chicago which has operated as Century 21 McMullen. This is the third acquisition by Coldwell Banker Residential Brokerage in the Greater Chicago area in two months. Coldwell Banker Residential Brokerage is part of NRT LLC, the nation's largest residential real estate brokerage.

With this announcement:

  • The company has 200 affiliated agents and a single office located at 6400 N. Northwest Highway which will now conduct business under the banner of Coldwell Banker Residential Brokerage.
  • Barry E. Paoli, owner and managing broker of McMullen Real Estate Inc., will affiliate with Coldwell Banker Residential Brokerage as the managing broker of the newly acquired office.
  • Angela Paoli, vice president of business development and chief marketing officer of McMullen Real Estate Inc., will affiliate with Coldwell Banker Residential Brokerage as the assistant manager of the newly acquired office.
  • Coldwell Banker Residential Brokerage in Greater Chicago acquired Groebe Real Estate in Palos Heights, Illinois last week and Chicagoland Realty Services in the West Loop area of Chicago in July.

McMullen Real Estate Inc. has served the Chicagoland market since it was founded in 1945. Renowned for its cultural diversity and minority home ownership advocacy, the agents in this award-winning office speak 25 different languages.

QUOTES:
"This acquisition further strengthens our foothold in Northwest Chicago and reinforces our commitment to serving buyers and sellers throughout the community. Barry and the talented group of real estate agents have built an outstanding reputation in this diverse marketplace based on providing superior service, and we look forward to working with them."
- Fran Broude, president of Coldwell Banker Residential Brokerage

"Coldwell Banker Residential Brokerage is known for its ingenuity and initiative. We are confident that our agents will greatly benefit from the innovative tools and technology that will now be available to them. We look forward to helping them build their book of business even further and ultimately better serving their clients and customers in an increasingly competitive real estate environment."
- Barry E. Paoli, president of McMullen Real Estate Inc.

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