SAINT CHARLES, IL – November 8, 2011 – Murray Properties, Inc. (MPI), a full service commercial real estate firm, announced today that it has changed its name to Murray Commercial effective immediately. At the same time, the company announced its year to date operational achievements for 2011.
“Over the past 40 years, Murray Commercial has built a solid reputation as a full service provider of commercial real estate services. We want to ensure that our image and name accurately reflect what we do.” said Jace Murray, President. “Our new name and image reflect our historical roots while emphasizing core competencies. We’re moving forward, providing a next generation of research tools for our clients, complimented by our seasoned team of multi-disciplined professionals.”
In addition, Murray Commercial announced its year to date performance results. Highlights for the year and recent activity include:
- Agency Leasing totaled 35 new transactions valuing over $2,250,000
- Brokerage Transactions exceeding $10,000,000 including 5 recent dispositions
- Property Management portfolio grew to 27 managed assets totaling over 600,000 square feet
Even as the Suburban market continues to see rising unemployment levels and tenants consolidate where possible, Murray Commercial absorbed over 25,714 square feet in its portfolio of leased and managed assets. “We are very pleased with the significant progress Murray Commercial has made in advancing our strategic plan to attract new talent and expand our client base.” Murray said.
About Murray Commercial, Inc.
Murray Commercial is a full-service real estate firm offering a broad range of brokerage services and business solutions for its clients. For over forty years, the Saint Charles, IL based firm has been recognized as the leading Property Management Services provider as a result of its customer focus and high retention of tenants. For additional information, please visit www.murraycommercial.com
Contact:
Murray Commercial
700 E. Main St., Suite E
Saint Charles, IL 60174
jace@murrayproperties.net
630-513-0173