Remax Commercial Expands Global Real Estate Footprint

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Remax Commercial announced today their plans to expand their commercial office footprint in Latin America via a new presence in Bogota, Columbia. Two new commercial divisions were also recently added in Spain and Belize as well.

"Remax is a global name and Remax Commercial is a natural expansion for our offices in the U.S. and overseas, given the opportunity in many markets," said Mike Reagan, Remax Senior Vice President, Business Alliances. "It's a specialized trade and our trained agents are bringing sophistication to the way commercial real estate is practiced in Latin America and in Spain and Belize. We couldn't be more excited to share our commercial expertise with other countries and territories."

Columbia has been experiencing growth and expansion during the last few years in mining, retail, tourism and import and export trade because of new commercial trade agreements. The new Remax commercial-only office in Columbia is the network's first in Latin America. It increases the number of commercial practitioners available to serve investors and other commercial buyers and sellers.

"No other company in the world is better equipped to deliver the services, resources and tools to help investors take advantage of the opportunities in Columbia," said Francisco Paillie, Regional Director of Remax Columbia.

Remax Isla Bonita, owned by John Turley, opened a commercial division in its office in San Pedro, Ambergris Caye, Belize. The office now has eight active agents. And Remax Invest in Madrid, Spain, owned by Javier Ochoa Sierra and Pelayo Goizueta Saez de Heredia, also opened a commercial division in an office that has seven agents.

The Remax Commercial global network has been experiencing a great deal of growth and has expanded into 42 countries with approximately 3,000 commercial practitioners and over 300 offices and divisions combined. In 2010, Remax agents closed over $5.1 billion in investment sales and leasing transactions.

Remax Commercial is ranked in National Real Estate Investor (NREI) magazine's Top 25 list of commercial brokerage networks.

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