Coldwell Banker Expands CA Portfolio

Welcoming 18 sales professionals formerly affiliated with Jelly Properties, Coldwell Banker Residential Brokerage purchased its third office in Del Mar. Joe Jelley will join the brokerage company in a sales capacity.

Jelley Properties, 1401 Camino del Mar in Del Mar, Calif.
Jelley Properties, 1401 Camino del Mar in Del Mar, Calif.

Coldwell Banker Residential Brokerage—owned by NRT LLC—has acquired the assets of Jelley Properties, located at 1401 Camino del Mar in Del Mar Village, Calif. The new office increases the company’s presence in San Diego and marks Coldwell’s third office in Del Mar. The firm comprises nearly 100 affiliated sales professionals.

The single-sales office of Joe Jelley Properties will operate as Coldwell Banker Residential Brokerage. Jelley—former broker-owner of Jelley Properties—will work with Coldwell Banker Residential Brokerage in a sales capacity. The firm welcomes 18 independent sales specialists formerly affiliated with Jelley Properties.

“This acquisition reinforces our commitment to providing exceptional service in Del Mar and beyond, and expands our presence throughout Orange County, Riverside County and San Diego County,” said Jamie Duran, president of the Orange County, Riverside County and San Diego companies of Coldwell Banker Residential Brokerage, in prepared remarks. “Joe Jelley Properties is a distinguished name in Del Mar, with a team of talented real estate professionals. We are very proud to welcome them to Coldwell Banker.”

Earlier this year, Coldwell Banker Residential Brokerage acquired McMullen Real Estate in the greater Chicago area.

Photo via Google Street View

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