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Coldwell Exits Smaller Real Estate Services: Coldwell...

From Times Staff and Wire Reports

Coldwell Exits Smaller Real Estate Services: Coldwell Banker Commercial Group said it will no longer manage smaller, non-institutional properties, focusing instead on its larger institutional clients. The Los Angeles-based company, which was acquired from Sears, Roebuck & Co. in a management-led buyout last year, said it plans to dispose of non-institutional properties totaling about 20 million square feet in the next 60 to 90 days.

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