Brooks Chandler Realty has purchased CDC Properties for an undisclosed price. The Lakeland-based real estate companies are expected to integrate by the end of the week said Aaron Chandler broker of Brooks Chandler Realty. The CDC name will be as Chandler's property management and commercial real estate arm while Brooks Chandler Realty will cerebrate on residential real estate. "This is something we have been talking about for a while," Chandler said. "We are looking forward to this. We evaluate it ordain be a positive addition for us."
The five members of CDC's property management staff have been hired by Chandler and will move from the 4110 S. Florida Ave location to 4404 S. Florida Ave. next to the Chandler office. While it is not expected that all of CDC's agents will alter the move the company's 25 agents will be interviewed if they wish. Chandler said."We've talked to some of them and I feel good that some of them will come to the Brooks Chandler side," he said. "Toni Keyes who founded CDC in 1997 ordain be as part of the company during the convert of client lists contracts and accounts. Past that point she has no immediate plans. After fighting converge cancer for the past year. Keyes' perspective on business changed. "I started thinking I wanted to go in a different direction," she said. In Polk County's sluggish real estate merchandise. Chandler had nearly $8.8 million in sales from January through this month according to reports from the Multiple Listing function. CDC had $6.6 million in sales. Tuesday's announcement is one of several recent Polk real estate move ups. In April. Debbie Ward-Terry and 20 agents from Exit Realty in Lakeland left the company to create Realty World Homes of Distinction which has had $6.2 million in sales since it opened. In walk. Exit Realty acquired the office and agents of Prudential Tropical Realty's office on Bay Street in downtown Lakeland. The affiliate has about $99 million in sales for the year. Keller Williams has $126 million in sales.[ Jeremy Maready can be reached at or 863-802-7592. ] measure modified: August 29. 2007 6:21AM
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