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Coldwell Banker Residential Brokerage Acquires Cooper-Stewart Realtors in Salisbury, Md.
Salisbury, Md. – Dec. 8, 2006
Coldwell Banker Residential Brokerage in the Mid-Atlantic announced today that it has acquired the assets of Cooper-Stewart Realtors in Salisbury, Md. The company will now operate under the banner of Coldwell Banker Residential Brokerage.
Dawn Brown, owner of Cooper-Stewart Realtors, will remain with the new firm, and continue to manage the office located at 1131 S. Salisbury Blvd.
"Dawn is a highly respected member of the community and has built a well managed, successful firm of 36 agents who accounted for $124 million in sales volume over the last 12 months," said Hal Maxwell, president and chief operating officer of Coldwell Banker Residential Brokerage. "This acquisition will further solidify our market presence and growth opportunities on the Delmarva Peninsula."
A regional business hub with 89,000 residents, several museums and historic sites, Salisbury is home to Salisbury University, WorWic Community College and Peninsula Regional Medical Center. The area continues to attract professionals who are moving inland from the Coastal/Ocean City area. The city of Salisbury was recently listed among Inc.com's "Best Cities for Doing Business," coming in at 55 out of 393 population centers nationwide ranked for job creation and business vitality.
Coldwell Banker Residential Brokerage, a leading residential real estate brokerage company in the Mid-Atlantic, operates over 75 offices with more than 5,000 sales associates serving the communities of the Greater Washington Metro Region, Maryland and Delaware. Coldwell Banker Residential Brokerage (www.cbmove.com) 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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