Crye*Leike Executive Realty Opens for Business:

Bowling Green, KY. – Crye*Leike Executive Realty in Bowling Green, KY, Warren County officially opened its doors for business as Crye-Leike, Realtors’ first franchise broker in Kentucky.

Chief Executive Officer Harold Crye of Crye-Leike, the largest real estate company in Tennessee and the Mid-South, officiated a ribbon cutting ceremony on July 10, 2002 by welcoming co-owners Kirk Tinsley and Geoff Fields to the Crye-Leike franchise network, making Crye*Leike Executive Realty one of 12 Crye-Leike franchises company wide.

Partners Tinsley and Fields entered the Bowling Green real estate market in a big way. They built a 9,500 sq. ft. office building to house their new business that occupies 4,500 sq. ft. This new facility accommodates up to 35 Crye-Leike sales associates who will serve Warren, Simpson, Allen, Barren and Logan counties and specialize in residential and commercial sales and leasing, property management and auction services.

The remaining 5,000 sq. ft. is leased to a Mexican restaurant, Peppers Mexican Grille, owned by El Alteno of Nashville, Tenn. which has five locations in Nashville. The restaurant is projected to open in August 2002.

Crye*Leike Executive Realty is located at 1268 Campbell Lane, 1.2 miles from Scottsville Road (Highway 231) and directly adjacent to MediPlex Rehabilitation Hospital.

“My partner and I decided that if we were going to get into our own real estate business that we needed to be affiliated with a real estate franchise that would give us an advantage above the rest, ” said Tinsley. “We could have chosen any one of the national franchises represented in the area, but we chose Crye-Leike because it has a strong brand awareness in the Mid-South and an infrastructure that is in place in Nashville, Tenn. that is like no other in the area.”

“Crye-Leike’s Franchise Division will allow us to extend Crye-Leike’s one stop shopping’ concept to our clients,” said Tinsley.

“For example, we will offer relocation services, a comprehensive network of services that assists families, individuals and corporate groups relocating to virtually any community in the United States or abroad. We also will offer Crye-Leike’s affiliated services like auction services, mortgage lending, insurance services and home services, a network of home and family related services that provide home buyers and sellers personalized service, convenience and savings for all of the activities and transactions associated with home purchases, sales and homeownership.”

Tinsley is managing broker of Crye*Leike Executive Realty. He began his real estate career in 1995, selling residential and commercial properties before deciding to open his own real estate company. He served in the United States Navy from 1988 to 1991 as an aircraft electrician on A6 attack aircraft. He was stationed on the U.S.S. Constellation and the U.S.S. Independence in operations Desert Shield and Desert Storm during the Persian Gulf War.

Geoff Fields is currently serving as a member of the board of directors of American Bank & Trust and is owner of Tender Touch, a full service car wash with two locations in Bowling Green. He is involved in land development and has other business interests in Jackson and Memphis, Tenn., Marco Island, Fla. and St. Croix, Virgin Islands.

Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation’s 13th largest real estate company with a network of over 2,200 sales associates and 62 branch and franchise offices located in 30 counties throughout a six-state southern region in Tennessee, Arkansas, Mississippi, Georgia, Kentucky and Florida. Crye-Leike attained sales of $2.95 billion and 20,768 closed transaction sides corporate wide in 2001.

Crye*Leike Franchises Inc. (franchises.crye-leike.com), a real estate franchiser subsidiary of Crye-Leike, Realtors, focuses its marketing efforts on establishing franchises in smaller populated areas where it would not normally open a company office because of market size and location. Crye*Leike Franchises provides comprehensive training, management, administrative and marketing support for the Crye-Leike franchise system. Crye*Leike Franchises is currently comprised of 12 independently owned and operated franchise brokers who are located in five territories within the United States: Tennessee, Arkansas, Mississippi, Kentucky and Florida, with future plans to expand into contiguous states, notes Randall Hall, national franchise sales manager of Crye*Leike Franchises, Inc.