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Leading Luxury Real Estate Firm Increases Presence in Prestigious Los Angeles Community
BEVERLY HILLS, CA--(Marketwired - Feb 9, 2016) - Teles Properties, one of the most progressive and rapidly growing luxury residential real estate firms in Southern California, announced the expansion of the brokerage's corporate office location in the prominent community of Brentwood, Calif. Centrally located in one of the most sought-after upscale neighborhoods in Los Angeles, the newly renovated Brentwood location is under the leadership of Peter Hernandez, Teles Properties co-president. With the spacious addition of 2,957-sq. ft., the office located at 11990 San Vicente Boulevard will contribute to expanding Teles' footprint while accommodating a growing demand for the high-tech, high-touch, personalized services for which its world-class brokers and agents are renowned.
"Like Beverly Hills and Bel Air, Brentwood is a highly desirable and well-established enclave of stately homes, quality schools and beautiful neighborhoods that attracts buyers from around the world," says Hernandez, who has been a mainstay in Southern California real estate for more than 40 years. "This expanded office location at the prominent intersection of San Vicente and Bundy, will further enable our firm's top-producing brokers and agents to serve a much broader clientele, which includes an increasingly growing number of overseas buyers and sellers."
With a median home sale of $2,119,233 in 2015, Brentwood is a thriving high-end housing market, and sales have steadily climbed for the last five years. It has also been a significant strategic location for Teles, serving as a hub for corporate functions, including executive leadership, finance and compliance, as well as broker relations. In just under a decade, the demand for the kind of expertise, sophistication and high-caliber business intelligence Teles consistently delivers can be seen in the explosive growth of Teles Properties not only in Brentwood but also throughout the Southern California region.
With offices strategically located in California's most prestigious markets, from the highlands of Carmel to the island of Coronado, Teles has become an industry disruptor, consistently ranking #1 in highest sales price to list price ratio, highest per agent productivity, and lowest number of days on the market. Since its founding in 2007, Teles has expanded rapidly from one office and 12 agents producing $20 million in sales to 20 offices and 400+ agents generating $2.5+ billion in sales today.
ABOUT TELES PROPERTIES: Teles Properties is a luxury real estate firm in California, ranked and recognized for three consecutive years by the prestigious Inc. 500|5000 list of the fastest growing private companies in America. Leading with intelligence, the brand brings together the state's most elite and successful agents and provides them with an unparalleled technology platform to simplify and elevate every aspect of a real estate transaction. Headquartered in Beverly Hills with strategic offices located in California's most prestigious markets -- from Carmel to Coronado -- Teles is renowned for its profound local market experience as well as a comprehensive global division that links international investors to properties in the U.S. and around the globe. For more information, go to www.telesproperties.com.
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