PRESS RELEASE: Kentwood Real Estate Launches Kentwood Commercial

DENVER – Kentwood Real Estate, Colorado’s Premier Real Estate Company, has launched Kentwood Commercial (www.kentwoodcommercial.com) to serve all primary segments of the commercial real estate business.  The new division has some of the most experienced commercial real estate brokers in the industry who will collectively serve the industrial, office, retail, land, and investment segments of commercial real estate.

The new boutique commercial real estate company was created by Peter Niederman, Chief Executive Officer of Kentwood Real Estate who also serves as CEO of Kentwood Commercial; David Morrison, Senior Vice President; Karen Landers Zeile, Senior Vice President; Mike Fickinger, Senior Vice President; and Rodney Gustafson, Senior Vice President.  Matt Anton serves as Retail Broker Associate.

“For the last eight years, Karen has been our only commercial broker who operated from our Kentwood City Properties’ office near Union Station,” said Peter Niederman, CEO of Kentwood Commercial.  “When Kentwood Real Estate was acquired by Berkshire Hathaway, we realized the additional opportunity to create a commercial brokerage division.  Our new company is characterized by an exceptional local brand and the extensive referral network of Kentwood with the national strength and financial support of Berkshire Hathaway.  David, Karen, Mike and Rodney had previously collaborated on various commercial projects and recognized we could further expand Kentwood’s market share by expanding the company into the commercial market.  Also, Berkshire Hathaway, the fourth largest real estate company in the world, owns 54 individual companies, all of which have commercial real estate needs.  We intend to penetrate this market and work with those companies on their future commercial real estate needs.”

According to Niederman, the largest companies in the commercial real estate industry are built to handle large national multi-market tenants and institution property owners.  Occasionally, assignments and transactions are handed down from the corporate office, without a personal relationship or knowledge of the client’s business operations or needs, and handled by junior associates.  The smaller companies only have local relationships that they have developed on a transactional basis.  However, business and operations’ decisions are done at a local level.

“Our commercial brokers have significant relationships in the community, and a long history of experience in the local commercial market,” said Niederman.  “Kentwood residential agents and Kentwood Relocation Services can provide referral and introductions to numerous business decision-makers and executive clients.  Berkshire Hathaway provides support and international breadth.  The Kentwood and Berkshire Hathaway brands legitimize and elevate our visibility in the Denver real estate market.”

Kentwood residential agents handle more high end residential transaction volume and revenue than any of the other Colorado firms combined.  Clients include numerous business executives and leaders in the community, and Kentwood Commercial will engage with the residential agents to cross-sell to these relationships.  In a similar fashion over time, Kentwood Commercial agents will work with Berkshire Hathaway companies, which owns and leases commercial property in Colorado and across the country.

Kentwood Commercial is a free-standing commercial brokerage operating from its office at 1660 17th Street, Suite 100, Denver, CO 80202, phone 303-820-2489.  The company’s website at www.kentwoodcommercial.com provides a wealth of information on current listings, testimonials, contact information, and profiles on the experienced staff (see attachment).