CHICAGO—The economic recovery has unleashed construction crews throughout many upscale residential neighborhoods on the Northwest Side, and one of the city's top brokers has decided to take advantage of the boom by opening a major satellite office in the area.
Over the next 12 months Related Realty, the residential brokerage division of Related Midwest, will hire roughly 75 brokers for its new Bucktown office, located at 1755 N. Damen Ave., adjacent to the 606 trail which debuted this summer. The 3,000 square foot office is Related Realty's second location in Chicago – the full-service brokerage is headquartered at 350 W. Hubbard St. in River North.
"We've experienced tremendous growth in terms of our agent roster and volume of sales," David Wolf, president of Related Realty, tells GlobeSt.com. The company wants to have three Chicago locations, and "Bucktown was always on our radar. It's where a lot of our brokers operate and it gives us a great entry to the low-rise residential market on the city's Northwest Side."
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
