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CB Richard Ellis and The St. Joe Company Sign Agreement To Market Land In Bay County
By Joanie Miller | January 28, 2010
On January 26th, The St. Joe Company announced that it had entered into an agreement with CB Richard Ellis (CBRE) to market 1,000+ acres around the new Northwest Florida Beaches International Airport. This is a huge announcement. Why? Well, CBRE is the world’s largest commercial brokerage firm. Their ability to reach industrial, retail and corporate buyers is unimaginable.
Robert McFarland, Senior Vice President of CB Richard Ellis said, “The Northwest Florida region offers tremendous opportunities and potential to the global marketplace and we are very excited to participate in the development of this region.” Well, Mr. McFarland, we are [excited] as well. Additionally, Britt Greene of the St. Joe company said, “This key agreement will help further establish Northwest Florida as a major business hub and facilitate the expansion of business and commerce in the West Bay Sector Plan.”
Many of our agents are excited about the partnership. Chad Miller, head of our commercial division, was ecstatic about the announcement as you can tell from his blob post. He states, “A real estate bomb went off today in Panama City when The St Joe Company signed deal with CB Richard Ellis. [...] This partnership will put Panama City in the spot light for commercial and industrial development.”
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