Grand Opening of New Office Location in Cleveland, Tennessee

Chattanooga, Tenn. – Crye-Leike, Realtors’ branch office in Cleveland, Tenn. has moved into a new company-owned business park at 4627 North Lee Highway within Crye-Leike Plaza’s newly constructed 14,400 square foot office building. Crye-Leike’s one story branch office occupies 4,200 square feet.

“We consider our new Cleveland office to be in a prime location within Bradley County,” said Harold E. Crye, chief executive officer of Crye-Leike. “It is strategically located on a main thoroughfare in the north side of Cleveland, Tenn., an area experiencing tremendous growth.”

“Bradley County overall has had strong growth over the past few years,” adds Crye. “It is ranked the fifth largest industrial job market in the state with over 100 different manufacturers doing business in the county.”

The new facility was built to accommodate up to 30 Crye-Leike sales associates and includes 10 private offices and four semi-private offices for top producers.

“Since Crye-Leike’s Cleveland branch office first opened for business in August 1999, we have grown from two to 15 sales associates,” said Larry Allen, managing broker and a certified residential specialist (CRS). “Our new office has given us the expansion space we needed to adequately service clients in Bradley, Hamilton, McMinn, Meigs, Monroe, Polk and Rhea counties.”

The grand opening for Crye-Leike’s Cleveland branch office, held Tues., July 24, 2001, revealed its “smart technology” facility. “Every working space in our new building is designed to accommodate the needs of our independent agents who are tech savvy,” said Allen.

“Each work space has computer accessibility to the Internet. Agents can bring their own personal computers or Palm Pilots, or utilize the firm’s own personal computers. With Crye-Leike’s additional marketing programs like Virtual Agent, Smartline and our Sales Automation Toolkit, our agents are equipped with leading edge technology for the real estate industry.”

Collectors, a specialty shop that showcases collectibles of comic books, sports cards, toys and games, is the second tenant which occupies 1,800 sq. ft. of leased space in Crye-Leike’s business park. A Subway Sandwich Shop was recently confirmed to lease an additional 1,800 sq. ft., reports Keith Rosenblum, president of Crye-Leike Commercial & Property Management in Brentwood, Tenn. “The remaining 6,600 sq. ft. is available for lease as retail and office space and can be divided to accommodate retail sized users who would utilize 1,000 up to 6,600 sq. ft.,” said Rosenblum. “We will offer turn-key improvements to deliver the space for each tenant.”

“As Crye-Leike reaches its four-year benchmark in the Greater Chattanooga area, we have experienced phenomenal growth in such a short period of time,” said Jack Webb, vice president and general manager of Crye-Leike of Chattanooga, Inc. “Our sales force has grown from 95 to over 263 sales associates. Our Cleveland branch office is one of nine locations in the Greater Chattanooga area as well as in North Georgia.”

Crye-Leike (www.crye-leike.com), a full service real estate company, is the nation’s 13th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,200 sales associates and 55 branch and franchise offices located in 27 counties throughout a four-state Mid-South region in Tennessee, Arkansas, Mississippi and North Georgia. Crye-Leike attained sales of $2.9 billion and 20,406 closed transaction sides corporate wide in 2000.

For leasing information about Crye-Leike Plaza in Cleveland, Tenn., contact Crye-Leike Commercial & Property Management at (615) 309-7100 or toll-free at (888) 711-1204.