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Last updateTue, 04 Nov 2014 9pm

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New Coldwell Banker office another sign of improving Beach economy

Coldwell Banker Elite, one of the nation’s most successful real estate franchises, has opened an office in Colonial Beach. The well-known firm announced this week that Coldwell Banker Elite has acquired Team 4U Real Estate in Colonial Beach.

“This acquisition means the Coldwell Banker Elite family has opened a new office in Colonial Beach to better serve our clients and those in the Northern Neck market,” said Kevin Breen, President and Owner of Coldwell Banker Elite.

Breen said he is “delighted to welcome the Colonial Beach agents to the Coldwell Banker Elite family. Their local real estate knowledge combined with Coldwell Banker Elite’s global marketing platform, tools, and technologies will give their clients an unbeatable real estate experience.”

Among the agents switching from Team 4U to Coldwell Banker Elite is Debb Riston, the owner-broker of Team 4U who has managed the Colonial Beach office for years. Riston said she is excited about the merger of the two firms. “It’s a sign the economy is improving at the Beach,” Riston said.

The new Coldwell Banker Elite Colonial Beach office will be managed by Latana Locke who has lived in Colonial Beach for over 30 years and has 15 years of real estate management experience.

The new Coldwell Banker Elite office is located in the old Team 4U building at 233 N. Irving Avenue, just a few blocks from the Potomac River and across the street from the Tattle Tale Coffee Shop and Cafe.

Coldwell Banker Elite has been the number one Coldwell Banker affiliate in Virginia for the past 11 years. The firm already has offices in King George and in Fredericksburg, as well as other locations across the state.

Richard Leggitt

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