News

Melrose Company Executives Form New Commercial Real Estate Company
(Hilton Head Island, SC - January, 2015)

Four executives of The Melrose Company, which since 1984 has been one of the area's largest developers, have announced the formation of Melrose Commercial Real Estate. The company, located on Main Street, will focus on retail centers, existing multi-family rental complexes, golf courses, as well as commercial land and large tracts.

"Our development experience gives us a unique perspective in the marketing, sales and acquisition of commercial properties, "said Jeff Barbic, broker-in-charge. Bob Kolb, President of The Melrose Company; Rick Reichel, Melrose's Chief Operating Officer; and Andrew Kolb, Melrose's Executive Vice President are partners in the new company.

Jeff Baric has over 30 years' experience in the development and marketing of residential, mixed use and commercial properties throughout the country.

"Commercial developers are now taking a close look at Hilton Head, Bluffton and the Lowcountry," said Barbic. "We've seen an increase in activity and feel confident we can provide the services to successfully bring together buyers and sellers."

In addition to its own projects, Melrose will provide consulting and developer services to investors interested in acquiring or developing apartment communities in the Southeast.

Melrose Company is a residential and commercial developer with vast experience in residential, multi-family and commercial development. Melrose and its affiliates have sold over a billion dollars in residential and commercial real estate. On Hilton Head Island, the company developed Hilton Head Plantation, Indigo Run as well as the Indigo Park commercial center, and Main Street commercial center. The company also developed Aspen Glen in Colorado, Lake Nona in Orlando, Florida; and co-developed River's Walk Apartments, a 270-unit apartment complex in Mt. Pleasant, SC.

Melrose Commercial Real Estate is located at 200 Merchant Street, Suite 102. Contact is 843-785-6688 or jbarbic@themelrosecompany.com



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