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Founded and headed by Matt Kolb, Pedalp to Properties is a residential real estatr firm that gives clients the optio of looking at homesby bicycle. The company maintaina a fleet of 50 ElectrzCruiser bikes. Kolb has sold a 50 percentf stake in the company for an undisclosed sum to attorney Tim who specializes in taking regionalo retailbusinesses national. As a partner in Pedal to Properties, Majors will work out of the company’se Boulder office. Majors, who’es originally from Perth, Australia, approached Kolb abouy investing in the real estate firm after looking at Bouldetr propertiesby bicycle.
“We certainly plan to incorporate national and international branding expertise to expanfd Pedal to Properties in other Kolb said ina statement. Pedall to Properties plans to look at opening branchj officesin other, unspecified U.S. In May, the company launched a licensee designatiojn for brokers interested in usintg theBoulder business’ operational formula in their The Colorado company already is working to expand quickly in its hometowjn by adding more space and agenta in downtown Boulder. “I believe Pedal to Properties is in a perfect positionm to meet the evolving social and demographic changes going on in the United States with Majors said ina statement.
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