Coldwell Banker Preferred Acquires Baird & Bird in Media, Pennsylvania

PHILADELPHIA, PA - Feb. 8, 2011

Coldwell Banker Preferred, a leader in the greater Philadelphia and northern Delaware real estate marketplaces, today announced it has acquired the assets of Baird & Bird, Inc., in Media, Pa. Baird & Bird's single-office residential real estate company located in the historic Baird and Bird building at 609 E. Baltimore Pike will now operate under the banner of Coldwell Banker Preferred. Sales associates from Coldwell Banker Preferred's neighboring office at 610 E. Baltimore Pike will relocate to the newly acquired location, where Baird & Bird currently has 20 residential real estate professionals. The Baird and Bird building will retain its name.

Baird & Bird's owners Barbara Bird, broker, and Betsy Bird Campbell, associate broker, will remain with the newly combined company in a sales capacity. Established in 1929 by Alice Maris Baird, Baird & Bird is one of the oldest family-owned and operated real estate firms in the area and provides a full range of real estate services to the suburban Philadelphia market.

"This builds on our strategy to expand our presence in the Philadelphia region, and we are pleased to welcome the talented real estate professionals from Baird & Bird to our organization," said Regina Coia, president of Coldwell Banker Preferred. "Baird & Bird is a talented team of professionals with extensive local market knowledge and a deep commitment to serving customers. Coldwell Banker has been in real estate for more than 100 years and combined with the tradition and 80-year legacy of Baird & Bird, we make a prominent and influential sales team in this region."

"We recognized our clients' desire for the best in services and marketing power, and we found in Coldwell Banker Preferred an industry leader whose strength will complement our sales professionals' talents," said Barbara Bird. "I am confident that Coldwell Banker Preferred's services combined with the experience and dedication of our sales professionals, will result in this acquisition being a superior benefit to our customers and clients."

Coldwell Banker Preferred has eight offices and a sales force of more than 500 sales associates and staff serving the communities of the Greater Philadelphia area and the Delaware Valley, including northern Delaware. Coldwell Banker Preferred is part of NRT LLC, the nation's largest residential real estate brokerage company. NRT, a subsidiary of Realogy Corporation, operates Realogy's company-owned real estate brokerage offices. For more information visit:

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