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Sotheby´s International Realty Adds Atlantic Shores Realty to Network
Thursday 27 February 2020

27 February 2020 - New Jersey, US-based real estate service Sotheby's International Realty Affiliates LLC has added Atlantic Shores Realty to its global network to expand presence in Maryland, the company said.

Terms of the transaction were not disclosed.

Atlantic Shores Realty will operate as Atlantic Shores Sotheby's International Realty. The addition marks the Sotheby's International Realty brand's continued growth in the state of Maryland.

The Sotheby's International Realty network currently has more than 23,000 affiliated independent sales associates located in 1,000 offices in 71 countries and territories worldwide.

In 2018, the brand achieved a record global sales volume of USD 112bn.

Sotheby's International Realty was founded in 1976 as a real estate service for clients of Sotheby's auction house.

The company's global footprint spans 1,000 offices located in 71 countries and territories worldwide, including 44 company-owned brokerage offices in key metropolitan and resort markets.
Date Published: 27/02/2020
Target: Atlantic Shores Realty
Country: USA
Sector: Construction/Real Estate
Type: Corporate acquisition
Status: Closed
Buyer: Sotheby´s International Realty Affiliates
Terms of the deal were not disclosed