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RISMEDIA, July 20, 2009-Coldwell Banker Residential Brokerage in Chicago has announced it has acquired the assets of Drake Realtors Inc. in Clarendon Hills, Ill. The formerly independently owned and operated company, which has served the Clarendon Hills and the Western Suburbs for more than 18 years, will now do business under the banner of Coldwell Banker Residential Brokerage.

“This is a great opportunity to expand our presence in the Clarendon Hills area – and what better way than by joining the talented and knowledgeable sales professionals from Drake Realtors Inc. with our highly successful team,” said Fran Broude, president of Coldwell Banker Residential Brokerage. “Drake Realtors Inc. is an outstanding company with a very reputable group of real estate professionals who share our dedication to service excellence.”

Drake Realtors Inc. has 17 sales associates; co-owners Diane Smith Cochran, Marie Krasne and Arlene Kubasek will stay at the office as sales associates with Coldwell Banker Residential Brokerage. Nina Fotopoulos, manager of Coldwell Banker Residential Brokerage’s Hinsdale offices, will also manage this newly acquired office, located at 5 South Prospect.

“I am very confident that Coldwell Banker Residential Brokerage will be a wonderful new home for our agents as we collectively look to strengthen our local presence,” said Cochran. “Coldwell Banker’s commitment to providing agents with the most advanced tools and latest information combined with our local expertise makes our team the best in the area, in my opinion.”

For more information, visit www.coldwellbankeronline.com.

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