Posts from October 18th, 2004
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18
Crye-Leike, Realtors Discloses Record Breaking Third Quarter Sales
Memphis, Tenn. - The weather may be cooling, but real estate sales are not for the nation's 10th largest real estate company. Tennessee-based Crye-Leike set another record-breaking quarter at $1.4 billion in sales, an increase of 25 percent over $1.1 billion this same period last year as disclosed in its third quarter sales report, announced company officials.
This volume was generated on the sale of 8,408 properties handled by Crye-Leike's 2,850 sales associates and reflects the sales activity of its 79 branch and franchise offices, located in 41 counties throughout a six-state southern region in Tennessee, Arkansas, Florida, Kentucky, Mississippi and Georgia.
The company's year-to-date sales volume grew to $3.6 billion, up 29 percent from
$2.8 billion through September 2003. Year-to-date closings were 22,828, up 22.2 percent from the 18,701 closings reported through September 2003.
Crye-Leike, which is celebrating its 27th year in b...
18
Crye-Leike's Spring Hill Downtown Development Project Underway
Nashville, Tenn. - The 98-acre property in downtown Spring Hill that has remained undeveloped since 1986 is finally getting the attention it deserves.
Harold E. Crye, chief executive officer of Crye-Leike, Realtors, the nation's 10th largest real estate company, saw real estate opportunities in the town of Spring Hill and decided to be the catalyst in revitalizing this downtown area. He purchased Town Center, a 98-acre mixed-use development that surrounds Spring Hill City Hall, in November 2003.
His plan calls for "adding more roof tops so Spring Hill residents can call downtown ?home,'" says Crye.
Construction has begun on the development of 103 home sites on 33 acres of this 98-acre site, located adjacent to Spring Hill's City Hall. Contractors are in the process of installing the water and sewer lines for these home sites.
The initial phase of developing, building and selling the home sites is projected to begin in the spring of 20...
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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