For Immediate Release:

September 1, 2020

Contact:

Lara Beck (317) 727-0016

Bradley Company and RESOURCE Commercial Real Estate join forces, Creates the largest, independently owned full-service commercial real estate firm in Indiana

(Indianapolis, Ind.) Bradley Company and RESOURCE Commercial Real Estate announced today that the two companies will combine their teams, creating the largest, independent, locally owned full-service commercial real estate firm in Indiana.

Founded in 1978, Bradley Company has nine offices across Indiana, Michigan and Ohio. RESOURCE Commercial Real Estate has utilized an advisory approach in serving its clients from an Indianapolis office since being co-founded in 2005 by Sam Smith and Tom Osborne.

“Our companies share a fierce entrepreneurial spirit, a commitment to excellent client service, and a culture of teamwork that ultimately benefits our clients and the communities where we live and work,” said Brad Toothaker, president and CEO of Bradley Company. “We both view our independent ownership as a key strength, because we can move quickly and creatively to serve our clients, while adapting in a way that meets their specific needs.”

Bringing the two companies together is expected to grow market share and client services for both firms. Bradley Company and RESOURCE each offer customized services that span the commercial real estate spectrum. Their key strengths in brokerage and property management will complement the other across a powerful regional platform, ultimately providing lasting value for clients.

Principal Sam Smith, presently the Chairman of RESOURCE, will lead the Indianapolis regional office with support from Jon Hardy, principal of Bradley Company. Hardy currently leads Bradley’s platform service for its commercial brokerage line of business. Smith and Hardy bring a combined 60 years of experience in the central Indiana commercial real estate market to their respective roles.

RESOURCE Principals Beth Patterson, Brian Wahl, Kevin Dick, Jeffrey Merritt, and Tom Osborne will become Principals of Bradley Company and continue to play key roles within the newly combined Central Indiana team. More than 40 RESOURCE real estate professionals will join Bradley Company.

“Joining Bradley Company creates a number of synergies that will benefit our clients while accelerating our collective growth in this ever-changing real estate environment,” said Sam Smith, co-founder of RESOURCE Commercial Real Estate. “Bradley Company offered RESOURCE and our clients instant access to best of class property management services and technology. At the same time, our strong brand presence in this market will be enhanced by these strengthened services. We are looking forward to being one team and getting to work.”

The acquisition is part of Bradley Company’s broad expansion plan, boosting its brokerage team by 30 commercial brokers in the Indianapolis market. In 2018, Bradley Company acquired the former X Ventures in Grand Rapids and in 2019 expanded into the Cincinnati market.

About Bradley Company

With nine regional offices throughout Indiana, Ohio and West Michigan, in cities such as Indianapolis, South Bend, Fort Wayne, Grand Rapids, and Cincinnati, Bradley Company provides commercial brokerage services, commercial and multi-housing management, real estate tax consulting, maintenance services, project and facilities management, corporate services, research services and strategic planning. Bradley Company was founded in 1978 and employs more than 280 professionals that manage more than 4,000 multi-housing units and more than eight million square feet of commercial properties. Visit www.bradleyco.com for more information.

About RESOURCE

Commercial Real Estate Services RESOURCE Commercial Real Estate (RCRE), Central Indiana’s largest locally-owned real estate brokerage firm, provides consultative commercial real estate solutions focused on building longterm relationships with customers and clients to ensure long-term success for their business. RCRE is proud to serve clients on Main Street who share common interest in assisting in providing future security and success for Indiana. Not only does RCRE offer a full portfolio of brokerage services for buyers, sellers, tenants, and landlords, but they also specialize in property management and receiverships, site selection and incentives procurement, investment services, auction services, and project management. RESOURCE Commercial Real Estate has the right focus, creates and implements the right plan, and brings the right hustle to deliver the right results.

-30-