PARSIPPANY, NJ-Coldwell Banker Commercial Affiliates Inc. has named Richard W. Davidson president and chief operating officer of. Davidson, an 18-year veteran of the industry, was most recently the CEO and founding principal of Coldwell Banker Commercial Capitol Realty Services, an independently owned and operated company in the Washington, DC metropolitan market. He is in the process of moving to New Jersey now and will be on board for July 1.

Davidson tells GlobeSt.com he will be focusing on several goals that will either directly or indirectly facilitate growth of the Coldwell brand. The most visible will be its move into new tier one locations as well as secondary and tertiary markets. Much of this growth will be through its franchise operations, but he adds, “acquisitions are possible as well.”

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