The secretive startup announced agreements Koll Development, Opus Northwest and the Denver Technological Center. John Crowley, director of RealCentric's Denver market, estimates the deals encompass 25 million sf in the area.
In addition to Denver, RealCentric currently serves markets in Austin, Chicago, Los Angeles, Orange County and Las Vegas. Next on tap are San Diego, Atlanta and Tampa, a company source told GlobeSt. Other markets that RealCentric expects to soon cover are San Jose/Santa Clara, Dallas, Boston and northern Virginia. It hopes to serve 40 cities by the end of 2001.
RealCentric was founded in November 1999 by two Henderson, Nev. businessmen, Jim Stuart and Tripp Jones. The two, along with much of their sales and marketing staff, still work out of their Nevada headquarters, but maintain Los Gatos as their headquarters for image purposes. It is the company's technology center, because the pool of talent there is larger.
The company is very hush-hush when it comes to its investors. Company officials declined to name its investors, or say how much they've invested to date or how much of the company they own. One company source would only describe investors as "a group of high net-worth individuals, some of whom are in the commercial real-estate industry."
The firm also isn't giving any details about its third round of funding, which is currently in the works.
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