Industry Leader Real Estate Associates Is Now SVN | Real Estate Associates
The strategic partnership with SVN® brings expanded brokerage services to the firm’s footprint in NC’s Triangle region and beyond.
Durham, NC . . . Durham-headquartered Real Estate Associates (REA), a commercial brokerage and property management firm, has joined SVN, announced Seth J. Jernigan, CCIM, the company’s president. Now SVN | Real Estate Associates, the firm brings to the market the expanded reach and expertise of SVN International Corp. (SVNIC), a network of more than 1,600 advisors in 200 offices serving 500 markets.
“After 54 years of growth and success as an independent firm, we are excited to join SVN,” Jernigan said. “We retain local ownership and independence while adding the strength and resources of an international brand and network. The Triangle region is poised for explosive growth, and we are better positioned than ever to play a leading role in the transformation. The timing of this alignment could not be better.”
SVN | Real Estate Associates Director of Brokerage Carey Greene added, “I’m especially excited about expanding our national and global reach. We’re already working with SVN Advisors on deals originating across the U.S.”
On REA’s joining the network, SVN’s President and CEO Kevin Maggiacomo said, “As the SVN brand expands across the globe, we are partnering with market leaders who share our vision of a collaborative, open, and transparent approach to commercial real estate. REA has long been an impactful leader in Durham and the Triangle region and is yet another strong addition to this organization. We look forward to growing SVN | Real Estate Associates presence in North Carolina’s Triangle area.”
With REA’s alignment with SVN announced, the company is beginning the process of rebranding under the name SVN | Real Estate Associates, with plans to complete the process in early 2022.
About REA, now SVN | Real Estate Associates:
Founded in 1968, the company is one of the oldest and most well-respected real estate companies in the area. It serves clients in Durham, North Carolina, and the Triangle region with expertise in commercial brokerage, commercial property management, and residential property management. More information is available at realestateassoc.com.
SVN was founded in 1987 out of a desire to improve the commercial real estate industry for all stakeholders through cooperation and organized competition. SVN is now a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and communities. All SVN offices are independently owned and operated. For more information, visit svn.com.