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Founded and headed by Matt Pedal to Properties is a residentialk real estate firm that gives clients the option of looking at homewby bicycle. The company maintains a fleey of 50 ElectraCruiser bikes. Kolb has sold a 50 percent stak in the company for an undisclosedx sum to attorneyTim Majors, who specializesx in taking regional retail businesses national. As a partner in Pedal to Properties, Majors will work out of the company’sx Boulder office. Majors, who’s originally from Australia, approached Kolb about investing in the real estate firm aftef looking at Boulder propertiesby bicycle.
“We certainluy plan to incorporate [Tim’s] national and international branding expertisr to expand Pedal to Properties inothetr markets,” Kolb said in a statement. Pedak to Properties plans to look at opening brancuh officesin other, unspecified U.S. In May, the company launchexd a licensee designation for brokers interested in usinbg theBoulder business’ operational formulw in their markets. The Colorad o company already is workin to expand quickly in its hometown by addintg more space and agents indowntown Boulder.
“Ik believe Pedal to Propertiex is in a perfect position to meet the evolvinh social and demographic changes going on in the Unitedx Stateswith homebuyers,” Majors said in a
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