Commerce Real Estate Solutions Acquires Prudential IPG Commercial’s Las Vegas Operation

Commerce Now Positioned As One Of The Largest Area Commercial Brokerages

Salt Lake City, UT,  September 8 , 2010 – Utah-based Commerce Real Estate Solutions, a member of the Cushman & Wakefield Alliance, announced today  it  has acquired the assets of Prudential | IPG Commercial’s operations in Las Vegas.  The current Commerce Las Vegas office will absorb Prudential’s 13 agents and entire support staff.

This move positions Commerce as one of the Las Vegas market’s largest commercial brokerages.  No office moves are planned at this time.  Commerce will continue operations at its current Howard Hughes Parkway location and also at the former Prudential office on Warm Springs Road.

Commerce CEO & President Mike Lawson indicated that the two firms have been looking at the combined operation for some time.  “Prudential’s main focus was the industrial real estate sector.  This will give us a new advantage in Las Vegas,” said Lawson.

Cassie Catania, former managing broker of Prudential | IPG Commercial said, “We are very excited about this new opportunity. We strongly feel that the new platform and tools that Commerce has to offer will help our talented agents continue to exceed in this ever changing market and help us gain new business and a larger presence in the Las Vegas Valley.”  Catania has accepted the new position of branch broker at the Warm Springs Road office.

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