Three Milwaukee real estate firms merging

RFP, Siegel-Gallagher Management Company and Commercial Property Associates to combine

Three Milwaukee real estate firms are merging and searching for office space for their newly-formed 230-person team.

Commercial Property Associates, Inc., RFP Commercial, Inc., and Siegel-Gallagher Management Company formally announced Monday they will merge and become known as Founders 3.  BizTimes Milwaukee first reported on Friday that RFP and Siegel-Gallagher Management Company were planning to combine.

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“We’re confident that no other commercial real estate organization in Wisconsin will be able to match our level of expertise,” David Behnke, principal, said in a written statement. “Together, we’re now able to meet our clients’ full-service needs in every stage of real estate, from identifying opportunities and completing transactions to providing active and ongoing management.”

Commercial Property Associates, Inc. (CPA) launched in 1989 with a focus on the retail segment of the brokerage industry. CPA is a member of the Retail Brokers Network with 70 affiliated offices throughout North America.

RFP Commercial, Inc. (RFP) launched in 2002, with a focus on the office, industrial and investment sales sectors. In 2016, it successfully concluded transactions in excess of $156 million.

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Siegel-Gallagher Management Company manages more than 4,000 residential units and 4.2 million square feet of commercial property.

“We listened to our clients express a desire for us to introduce a locally based, full-service organization to the market with the experience that Founders 3 offers,” Andy Hess, principal, said in a written statement. “As three growing and successful organizations, we recognized an opportunity to come together and provide a stronger option for commercial real estate brokerage and property management services throughout the region.”

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