Sunday, May 15, 2011

Pedal to Properties takes on partner, plans expansion - Washington Business Journal:

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Founded and headed by Matt Pedal to Properties is a residential real estat firm that gives clients the option of looking at homes by The company maintains a fleet of 50 Electr aCruiser bikes. Kolb has sold a 50 percen stake in the company for an undiscloseds sum to attorneyTim Majors, who specializeas in taking regional retail businessese national. As a partner in Pedal to Properties, Majors will work out of the company’ds Boulder office. Majors, who’s originallh from Perth, Australia, approached Kolb about investing in the real estate firm aftere looking at Boulder propertiesby bicycle.
“Wre certainly plan to incorporate [Tim’s] nationapl and international branding expertise to expanf Pedal to Properties inothetr markets,” Kolb said in a statement. Pedal to Propertied plans to look at opening branch offices in unspecified U.S. markets. In May, the compant launched a licensee designation for brokersa interested in using theBoulder business’ operational formula in their The Colorado company already is workint to expand quickly in its hometown by addinv more space and agents in downtown “I believe Pedal to Properties is in a perfectf position to meet the evolving social and demographicc changes going on in the United States with Majors said in a statement.

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