The production doubled the 2000 volume and surpassed the company's 2001 sales projection of $40 million by 51%. Seventeen of the deals last year were co-brokered. The 2001 production almost tripled the $70 million total the company did in the preceding three years.
"At no time was there a better opportunity for the buying and selling of businesses than in 2001," Richard E. Read, CII's founder/chairman, tells GlobeSt.com. "Businesses changed hands at a steady pace throughout the year, especially here in metro Orlando."
Read anticipates the trend will continue in 2002 "as buyers continue to pursue their dreams of independence and business ownership." The company has 40 agents in Orlando, Jacksonville, Clearwater, Cocoa Beach and Boca Raton, FL.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
