As we all know, 2020 was an incredibly challenging year. A variety of industries were greatly impacted by the changes present by the COVID-19 pandemic, commercial real estate included. For the first time, employees started working from home, meetings were hosted via zoom, and all events were cancelled. As the economy stalled, many businesses and property owners found themselves negotiating with both tenants and lenders on rent relief and loan modifications.
On this call we talk about accelerated marketing with David Lowry. David is new to Coldwell Banker Commercial, but not new to the accelerated marketing world. He is very excited about creating an accelerated marketing team within the CBC framework. This will allow brokers to leverage technology partners, like Ten-X, which creates a broader marketing campaign to reach more buyers and achieve higher prices for their clients.
Towson, Md. (June 7, 2021) – Coldwell Banker Commercial is pleased to announce that David Lowry has joined Coldwell Banker Commercial NRT in the Mid-Atlantic region and partnered with Coldwell Banker Commercial NRT agent Roman Tsimberg.
South Pasadena, Calif. (June 3, 2021) – Coldwell Banker Commercial NRT represented the buyer of a 16-unit, multifamily property located at 150 — 154 Monterey Rd. in South Pasadena, Calif. The property sold for $6.1 million. Robert Ip , a commercial real estate professional with Coldwell Banker Commercial NRT, was the broker on the transaction. The buyer intends to add the property as part of their investment portfolio.
This month we highlight a few learning programs that took place in the month of May for Coldwell Banker Commercial as well as new events happening in the coming weeks. We also share some news on upcoming Marketing releases and product adjustments.
Site Planned to be Redeveloped as a Luxury Condominium Tower
Allston, Mass. (May 26, 2021) – Coldwell Banker Commercial is pleased to have represented the buyer in the acquisition of an office building located at 280 Lincoln St. in Allston, Mass. The transaction was valued at $2.5 million.
Photos: https://www.dropbox.com/sh/9xgu45fx4oydvgw/AAAU7bNZXWgRjDSc2f3S2i2Ka?dl=0
In what is considered the first of its kind, Coldwell Banker Commercial (CBC) unveiled Commercial University®, a brand-new learning application. The innovative resource was created specifically for Coldwell Banker Commercial network professionals. CBC’s collaborative network of independently owned and operated affiliates comprises nearly 200 companies.
Photos: https://www.dropbox.com/sh/rz0o4bucoekdzct/AAB6fC5nI7XNKOUbUob5SXtLa?dl=0