Open House for New Branch Office in Collierville

Memphis, Tenn. –  Crye-Leike, Realtors is growing and expanding its branch offices faster than it takes them to secure their building sign approvals and permits. That’s the case for one of a stream of Crye-Leike branch offices in the Greater Memphis area that are planning to hold open houses to commemorate their new or expanded locations.

Crye-Leike’s Collierville branch office has planned its open house for Tuesday, May 21,

4:30 p.m. It has expanded and relocated operations into a new company-owned office plaza at 435 North Byhalia Road. The move allows the company to broaden its real estate services into new areas of growth within Fayette County and North Mississippi, Marshall County, said Harold E. Crye, chief executive officer.

Crye-Leike’s new location accommodates 70 sales associates, a 32 percent increase in office capacity from its previous location. The office is located a few blocks north of Poplar Avenue in Collierville.

“The public and fellow Realtors are invited to see our ?smart technology’ office,” said Jeanne Lubiani, Crye-Leike’s managing broker who hopes that their office sign will arrive at least by the day of the open house, “which will add to the day’s celebration,” she says. “Being a new office plaza, every business around us has their sign up but us. We now give directions by saying we are next door to Cathy’s Nails; I’m sure they love that extra publicity.”

So, what makes a Crye-Leike office so “tech smart”?  Lubiani was quick to reply that every work station in their new building is designed to accommodate the needs of their independent agents who are tech savvy.

“Each work space has computer accessibility to the Internet. Sales associates can bring their own personal computers or Palm Pilots, or utilize the firm’s own personal computers. A network card allows the sales associates’ personal computer ‘to blend with the Crye-Leike network,’ interacting with the company’s Intranet and Internet,” she says.

“With Crye-Leike’s additional marketing programs like Smartline, an automated 24-hour information telephone line about the property, and virtual tours to Crye-Leike Home Services, a free network of home and family related services, our sales associates are equipped with the most leading edge technology in the real estate industry,” said Lubiani.

This one-story plaza, owned by Harold E. Crye and Dick Leike, co-founders and owners of Crye-Leike, Realtors, totals 16,800 square feet. Crye-Leike’s new Collierville branch office occupies 8,245 square feet of that space.

“Our Collierville branch office has outgrown its space due to growth in our sales associate population, which is indicative of what is happening to the area’s population growth,” said Steve Brown, vice president and general manager of Crye-Leike Inc. of Memphis. ”

The Collierville Chamber of Commerce reports that since 1990, Collierville has led suburban communities in housing starts, with 908 single family residential permits issued in 1995 and an average of 540 new homes every year for the last five years.

The Collierville Chamber of Commerce further reports that when the reserve area surrounding the town of Collierville is annexed, the town will be made up of 25,006 acres of residential properties; 3, 112 acres of commercial and office properties; 1,162 acres of industrial properties and 3,244 acres of parks and open spaces. The chamber projects population estimates to be 66,200 people by the year 2020.

Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, 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 59 branch and franchise offices located in 27 counties throughout a five-state Mid-South region in Tennessee, Arkansas, Kentucky, Mississippi and Georgia. Crye-Leike attained sales of $2.95 billion and 20,768 closed transaction sides corporate wide in 2001.

Crye-Leike, Inc. in Memphis has a sales force of over 1,100 sales associates who are located in 23 branch and franchise offices in eight counties throughout a three-state Mid-South region: Tennessee, Arkansas and Mississippi.