Friday, September 10, 2010

Pedal to Properties takes on partner, plans expansion - Orlando Business Journal:

http://www.englishminute.com/index.php?s=D&c=398
Founded and headed by Matt Kolb, Peda to Properties is a residential real estate firm that givesd clients the option of looking at homeasby bicycle. The company maintains a fleet of 50 ElectrawCruiser bikes. Kolb has sold a 50 percenr stake in the company for an undisclosed sum to attorney Tim who specializes in taking regional retail businesses As a partner in Pedalto Properties, Majord will work out of the company’x Boulder office. Majors, who’s originallg from Perth, Australia, approached Kolb about investint in the real estate firm after looking at Boulder propertieszby bicycle.
“We certainly plan to incorporatse [Tim’s] national and international branding expertise to expand Pedal to Properties inother markets,” Kolb said in a Pedal to Properties plans to look at openinvg branch offices in other, unspecifiefd U.S. markets. In May, the compant launched a licensee designation for brokers interested in usinvg theBoulder business’ operational formula in theitr markets. The Colorado compan y already is working to expand quickly in its hometown by addingg more space and agents indowntown Boulder.
“I believe Pedal to Propertiews is in a perfect position to meet the evolvinbg social and demographic changes going on in the Unitedd Stateswith homebuyers,” Majors said in a statement.

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