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Coldwell Banker Residential Brokerage Acquires Harriet Cooper Associates in Woodbridge, Connecticut
State’s Residential Real Estate Brokerage Leader Enters New Local Market
Danbury, C.T. – June 8, 2005
Coldwell Banker Residential Brokerage in Connecticut and Westchester County, N.Y., today announced that it has acquired Harriet Cooper Associates, LLC in Woodbridge, Conn., a suburb of New Haven. The boutique brokerage’s 16 sales associates will now operate under the banner of Coldwell Banker Residential Brokerage. The office serves Woodbridge and the surrounding markets of Orange, Hamden and Bethany.
The acquisition of Harriet Cooper Associates continues Coldwell Banker Residential Brokerage’s expansion in Connecticut and reinforces its position as the state’s No. 1 brokerage in sales volume.1 According to the 2000 U.S. Census, Woodbridge has the highest per-capita income of all New Haven County towns.
“In pursuing a way into this affluent and burgeoning market, we looked for a real estate firm that reflects our strong customer focus and found a perfect fit with Harriet Cooper Associates,” said Peggy Doepper, president and chief operating officer of Coldwell Banker Residential Brokerage in Connecticut and Westchester. “Our new office will allow us to offer a winning combination of unmatched personalized service to more home buyers and sellers in the area.”
Harriet Cooper Associates accounted for a total closed sales volume of more than $55 million during the last 12 months. It will maintain its current location at 270 Amity Road in Woodbridge, Conn. Harriet Cooper served as owner and executive director of Harriet Cooper Associates since its inception in 1985. A top producer in the Woodbridge marketplace for 30 years, Cooper will continue to bring her expertise to Coldwell Banker Residential Brokerage in a sales capacity.
“By joining Coldwell Banker Residential Brokerage, we will increase the resources available to our sales team and improve their ability to support customers,” said Cooper. “Our commitment to quality service and local knowledge is our foundation for success, and I am confident that the newly created synergy will spur tremendous growth opportunities.”
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Cooper has been honored as one of the area’s “20 Noteworthy Women” by The Business Times for her contribution to the Greater New Haven community. She is a major sponsor of the Woodbridge Road Race for 15 years, which donates food and fuel to needy area families. Additionally, Cooper previously served on the board of directors of the New Haven Association of Realtors and was a member of the Woodbridge Library capital campaign.
Coldwell Banker Residential Brokerage now has 2,135 sales associates and 48 offices, which accounted for nearly $7.7 billion in total closed sales volume across Connecticut and Westchester County in the past year. The company’s corporate offices are located at 51-53 Kenosia Avenue, Danbury, Conn. For further information, call 800.756.3660 or visit the company's Web site at www.coldwellbankermoves.com.
About Coldwell Banker Residential Brokerage
Coldwell Banker Residential Brokerage in Connecticut/Westchester, N.Y., is a member of the Coldwell Banker system, consisting of approximately 3,600 offices with 113,800 Sales Associates worldwide. Coldwell Banker Residential Brokerage is part of the NRT family of companies. NRT Incorporated, a subsidiary of Cendant Corporation (NYSE: CD), is the nation's largest residential real estate brokerage company. In 2004, NRT posted a real estate industry record of $200 billion in closed sales volume.
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