Sean Ryan is associate editor of Real Estate New Jersey

PARSIPPANY, NJ-Coldwell Banker Commercial has opened 14 new offices this year, said George Slusser, president and COO, during the firm's state of the brand conference call and has plans to open even more. California has five new offices, Florida and Texas each have two, and Alabama, Colorado, Kentucky, Montana, and New Jersey each have one. Slusser also says Coldwell has signed some "significant" new companies that weren't named because they're not open yet.

CBC's adjusted gross commission is $104 million as of April 30, according to Jacklene Chesler, senior vice president. That total represents a 14% increase from last year, and the average sales price of a transaction is up 22% from last year.

Retail edged out office as Coldwell's largest source of transactions, with retail's 25% of business to office's 23%. Industrial properties accounts for 15%, multifamily has 8%, mixed use was 3%, hotels, were 0.5%, land was 13.5%. Other transactions made up the remaining 12%.

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