Business Services Industry
New Jersey-Based Real Estate Giant NRT Acquires Denver-Area Brokerage.
Knight Ridder/Tribune Business News, March, 2001
By Kristi Arellano, The Denver Post Knight Ridder/Tribune Business News
Mar. 14--Real estate giant NRT Inc. has drawn one of the metro area's best-known brokerage firms, Perry & Butler, into its fold.
Officials at Perry & Butler, which operates 11 offices with 300 brokers in the metro area, said Tuesday that the company is now operating as Coldwell Banker Residential Brokerage of Colorado, a subsidiary of NRT, based in Parsippany, N.J.
"We've been trying to entice Perry & Butler for a long time. They're a quality company," said Kate Rossi, president of Coldwell Banker Residential of Colorado, formerly known as Coldwell Banker Moore and Co.
Speculation of Perry & Butler as a possible takeover target has surrounded the companies...
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