Real Estate Biz News: Coldwell Banker Preferred Expands

Here’s a little local real estate inside baseball for you: According to a statement released today, the large Greater Philadelphia-area real estate brokerage Coldwell Banker Preferred is acquiring Coldwell Banker Realty Professionals in East Norriton Township, which means the latter’s staff of 28 will move from the East Norriton office to the CBP office in Blue Bell.

CBP’s president said the new group will “serve to bolster our already strong market position in Montgomery County.”