Crye-Leike Officially Establishes Regional Headquarters in East Tenn. after 4.5 years

March 29, 2016) – Tennessee-based Crye-Leike, the nation’s fourth largest privately-held residential real estate brokerage firm and largest in Tennessee and the Mid-South, has officially established an East Tennessee regional headquarters in Knoxville after first entering the market in February 2011.

“With having a market presence in this region for 4.5 years now, our purchase of a headquarters building should prove to Knoxville that Crye-Leike is here to stay,” said Chief Executive Officer Harold E. Crye who intends to continue to grow Crye-Leike by adding two to three more branch offices in Farragut and Oak Ridge.

Its headquarters office is now located at 9539 Kingston Pike in the Franklin Square area. It will serve as its Knoxville West branch office as well as house administrative offices for the region, including commercial, property management and relocation services.

Crye-Leike’s East Tennessee Region has seven other branch offices with 140+ sales associates in Athens, Cookeville, Johnson City, Loudon (Tellico Village), Pigeon Forge/Sevierville, Powell (North Knoxville) and West Knoxville, along with five franchise offices in Crossville, Greeneville, Maryville Morristown and Rogersville.

This headquarters building, previously a law office, was purchased by Crye in January 2016 for $1.05 million. The one-story building and parking lot were completely renovated to meet building codes. With over 6,000 sq. ft., the building now offers triple the amount of office space it once had at its first Knoxville branch office, leased office space at 731 Campbell Station Road in Farragut which is now closed.

“Crye-Leike typically does not lease office space,” said General Manager Melonie Carideo. “It just took us a few years to find the right location for our regional headquarters. This newly-renovated building gives our current 40-agent base room to grow to as many sales associates as we need, along with a welcoming lobby and two conference rooms.”

The newly-decorated Crye-Leike building is being shared by its affiliate company, Realty Title, offering its sales associates and customers convenient title and closing services.

Carideo noted that Crye-Leike’s real estate offices are not being designed like they used to. “Ten years ago, you would see our real estate offices having a desk or private office for every agent affiliated in that branch office,” she said. “Today, many Crye-Leike agents work remotely from home. So, Crye-Leike doesn’t need the massive office square footage it used to have.”

Crye-Leike’s East Tennessee Region produced a year-end sales volume of $206.65 million in 2015, up 29.34 percent from $159.77 million through 2014, representing 1,207 in year-end closings.

Crye-Leike’s East Tennessee Region serves the real estate needs of buyers and sellers in Anderson, Blount, Campbell, Carter, Claiborne, Cocke, Cumberland, Fentress, Grainger, Greene, Hamblen, Hancock, Hawkins, Jefferson, Johnson, Knox, Loudon, McMinn, Morgan, Overton, Roane, Scott, Sevier, Sullivan, Unicoi, Union and Washington counties.

Crye-Leike (Crye-Leike.com), a full service real estate company for 39 years, is ranked the nation’s sixth largest residential real estate brokerage firm among the nation’s top 500 and is the largest real estate company in Tennessee, Arkansas, Mississippi and the Mid-South.  Headquartered in Memphis, Tenn., Crye-Leike has a network of over 3,000 sales associates and 115 branch and franchise offices located in a nine-state region.

Along with its Knoxville (East Tenn. Region), Crye-Leike has seven other regional hub offices in Tennessee located in Atlanta (Ga. Region), Chattanooga (SE Tenn. Region), Huntsville (Ala. Region), Jackson (Miss. Region), Little Rock (Central, East & NW Arkansas Regions), Memphis (West Tenn. Region) and Nashville (Middle Tenn. Region). Crye-Leike’s franchise territories are located in Ark., Fla., Ky., Miss. and Tenn.

To find a Crye-Leike office nearest you, please visit www.crye-leike.com, or contact General Manager Melonie Carideo at mcarideo@crye-leike.com, or (865) 693-7341.

 

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