Coldwell Banker Commercial Partners with WexTrust Capital

NEW YORK CITY-The Coldwell Banker Commercial Division of Coldwell Banker Real Estate Corp. has forged an alliance with WexTrust Capital’s real estate division. WexTrust’s brokerage and property division will now do business as Coldwell Banker Commercial WexTrust.

“This provides us with a major market presence in two key markets–New York and Chicago,” explains George Slusser, president of the Parsippany, NJ-based Coldwell Banker Commercial. “We’ve been strong in secondary and tertiary markets. Affiliating with WexTrust allows us to utilize their expertise in the investment area.”

“We’re excited about affiliating with the Coldwell Banker brand,” adds Steve Byers, WexTrust Capital’s president and CEO. “We were impressed with the commercial talent and expertise. And it was advantageous to not have set-up costs.” He expects to bring on between 25 to 30 employees over the next 18 months in New York, Chicago, Naperville, IL and Norfolk, VA, to help the effort. So far, it’s paying off–they’ve already created close to $30 million by Coldwell Banker Commercial.