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Coldwell Banker Burnet Announces Acquisition of Stillwater, Minn.-Based Century 21® Pauley
EDINA, Minn. (Oct. 3, 2006)
Coldwell Banker Burnet, a leading residential real estate firm in the Twin Cities metro area and western Wisconsin, announced today that it has acquired the assets of Century 21® Pauley in Stillwater, Minn. The independently owned and operated Century 21® affiliate will now do business as Coldwell Banker Burnet. Century 21 Pauley's office will merge with Coldwell Banker Burnet's Stillwater office and operate from 2020 Washington Avenue South.
Robin Peterson, president of Coldwell Banker Burnet, said, "We are very proud to welcome the experienced, professional sales associates from Century 21 Pauley to Coldwell Banker Burnet. We believe this acquisition will strengthen our market presence and allow us to expand our services to the growing communities in the St. Croix Valley."
Adam Nyberg, owner/broker of Century 21 Pauley, said, "This is an exciting move for our sales associates who will have access to additional resources, including Coldwell Banker Burnet's state-of-the-art technology infrastructure, far-reaching Internet presence, and extensive home buyer network. This acquisition will enable us to enhance our ability to serve home buyers and sellers in this area."
Adam Nyberg will join Bob Nicholson, branch vice president on the management team, and Christa Nyberg, Clark Nyberg, and Vicki Nyberg will continue in a sales capacity with the company.
Century 21 Pauley has been a family-owned and operated business, serving Minnesota and Wisconsin for 60 years. The company was founded as H. M. Pauley Agency in 1946.
Coldwell Banker Burnet, a prominent residential real estate brokerage headquartered in Edina, Minn., serves Minnesota and western Wisconsin. The company, which was founded in 1973, operates 37 offices and has more than 3,000 sales associates throughout the market. For more information, please visit Coldwell Banker Burnet's Web site at www.cbburnet.com or call 952-820-HOME (4663). Coldwell Banker Burnet is part of NRT Incorporated, the nation's largest residential real estate brokerage company. NRT, a subsidiary of Realogy Corporation (NYSE: H), operates Realogy's company-owned real estate brokerage offices.
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