Coldwell Banker History
The roots of Coldwell Banker Schmidt Commercial® date back to 1906 when Colbert Coldwell played a key role in rebuilding San Francisco after the devastating earthquake. Later joined by Benjamin Arthur Banker, the two partners established a company committed to commercial real estate, and in 1937 Coldwell Banker formed a residential real estate operation.
Over the next several decades, Coldwell Banker embarked on a nationwide expansion to become the dominant commercial real estate company across America.
Sears, Roebuck & Co. formed the Sears Financial Network and acquired Coldwell Banker in 1981. The 1980s were a decade of tremendous growth for the company as Coldwell Banker acquired several companies throughout the United States.
In 1989, Sears, Roebuck & Co. sold the commercial side of Coldwell Banker to a group presently known as CB Richard Ellis. As a result of the purchase, the companies agreed to not-compete in major markets, and this agreement expired in 1994.
In 1996, Coldwell Banker was acquired by HFS, Inc. (now Cendant Corporation, NYSE: CD) and became part of the world's largest real estate franchise organization. In 1998, Cendant expanded the Coldwell Banker Commercial® brand under an affiliate business model. The affiliate company quickly grew in secondary and tertiary markets, and is concentrating expansion in major markets. The brand development has resulted in Coldwell Banker Commercial® being one of the top globally recognized commercial real estate entities.
Coldwell Banker Commercial® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. The company has independently owned and operated affiliate real estate offices in more than 325 markets throughout North America, South America, Europe, Africa and Australia. The Coldwell Banker Commercial® system leads the industry in providing commercial real estate solutions, serving the needs of tenants, landlords, sellers and buyers in the leasing, acquisition, disposition and management of all commercial real estate property types. Coldwell Banker Real Estate Corporation is a subsidiary of Cendant Corporation (NYSE: CD). For additional information, visit the company's web site at www.coldwellbankercommercial.com or contact us at (800) 222-2162 or (973) 496-5593.
Each Office Is Independently Owned and Operated.
Company Profile
Coldwell Banker Commercial® is one of the largest commercial real estate firms in the world. Coldwell Banker Commercial® affiliates provide specialized service in more than 325 markets with vast local and regional knowledge, supported by the strength of America's premier real estate company. For more than 95 years, Coldwell Banker Real Estate Corporation has specialized in real estate transactions, which translates to a level of experience no other company can match. The fully supported platform serves real estate owners, occupiers, landlords, sellers and buyers with a high level of consistent service delivered by more than 3,000 sales associates on six continents.
Coldwell Banker Commercial® is a leader in the real estate industry in developing local market experts to consistently provide clients with measurable results. From the most rural town to the largest metropolitan cities in the world, Coldwell Banker Commercial® affiliates assist clients in discovering market opportunities and delivering value to their commercial real estate needs.
Coldwell Banker Schmidt Family of Companies is Mid and Northern Michigan's leading full service commercial real estate company. With over 650 Sales Associates located from Grand Rapids to the Upper Peninsula, Coldwell Banker Schmidt Commercial® is Michigan's full service commercial company. We handle everything from small leases to large institutional investment transactions. We work with investors and market properties on an national and international basis. We specialize in Hospitality Properties, Office, Industrial, Retail, Development Properties, Property Management and fee based Consultations. We are a fourth generation owned company who has been in business since 1927. We pride ourselves in service, integrity and honest long term relationships.
Our company offers a comprehensive portfolio of services, including:
- Acquisition of commercial properties
- Disposition of commercial properties
- Leasing
- Investment property sales
- Advisory services
- Property and Facilities management
- Corporate advisory and consulting services
- Market research
Our Services
Coldwell Banker Schmidt Commercial® is a world leader in all types of property transactions.
Property Sales and Leasing
Whether you are an investor, seller, buyer, owner or tenant, our Sales Associates tap into our state of the art systems and information technology tools to craft solutions that deliver:
- Detailed market analysis
- Site selection analysis
- Product and cost feasibility studies
- Contract and lease negotiations
- Owner/tenant representation services
- Assistance in structuring improvements, concessions, and options
Coldwell Banker Schmidt Commercial® is a world leader in all types of property transactions. We offer expertise in:
- Office buildings
- Retail centers
- Multifamily
- Industrial
- Hotel/motel
- Other specialized property assignments
Corporate Advisory
The Coldwell Banker Schmidt Commercial® Corporate Services Group has provided service and support that has led to billions of dollars in corporate real estate transactions. Our single-source contacts are seasoned corporate real estate professionals who provide our clients with high quality, consistent real estate services in multiple markets.
Our corporate real estate specialists offer an array of services, including:
- Research and analysis
- Portfolio review
- Lease vs. buy comparisons
- Market and space alternative overview
- Preparation of requests for proposal
- Negotiating with property owners
- Structuring appropriate lease clauses
- Space planning coordination and consulting
- Relocation management
- Transaction services including acquisition, disposition, and subleasing
- Facility management
- Lease audit and occupancy cost analysis
Hospitality Properties
The Coldwell Banker Commercial Hospitality Group provides services for the acquisition and disposition of hotels, motels and resorts. The Hospitality Group is a team of experienced professionals who provide local representation with global exposure. If you are interested in finding out more, click here.