Coldwell Banker Growing

Here is a great article from REJournals.Com about the expansion of Coldwell Banker.


Friday May 09 2008
Griffin Companies affiliates with Coldwell Banker
Ostlund says move needed to stay competitive

Staff Writer REJournals.com


Minneapolis-based Griffin Companies has joined the national affiliated Coldwell Banker Commercial system. Based in New Jersey, Coldwell Banker is one of the world's largest commercial real estate brokerage franchise systems. Griffin will now be known as Coldwell Banker Commercial Griffin Companies.



Griffin Companies has served the Twin Cities and other surrounding markets for almost 40 years and currently has 16 full-time commercial sales professionals and a total staff of 50. The company delivers commercial real estate services in all major commercial property sectors including investments, land, office, retail, industrial and multifamily. Its property management services include construction management and maintenance services.



"Griffin Companies have successfully served this region for four decades and we take great pride in our accomplishments and unmatched grasp of the Twin Cities market," says Griffin Companies president Bill Ostlund. "But to compete in today's highly competitive commercial real estate market, we felt it was important to tap into the resources of a global brand. The Coldwell Banker Commercial network was an ideal fit for us."



Ostlund says, "The strong leadership of the CBC brand and philosophy of superior client servicing mirrored the core values of Griffin Companies. But when you combine the leading-edge technology and marketing tools that CBC offers to its affiliates with the ability to retain our independence and serve our market the way we know best, it was a logical decision."



The firm will continue to be headquartered at 615 First Avenue Northeast in Minneapolis.