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Founded and headed by Matt Pedal to Properties is a residential real estate firm that gives clienta the option of looking at homesby bicycle. The companu maintains a fleet of 50 Electra Cruiser bikes. Kolb has sold a 50 percentt stake in the company for an undisclosed sum to attorne yTim Majors, who specializes in takingt regional retail businesses national. As a partnef in Pedal to Properties, Majors will work out of the company’s Boulded office. Majors, who’s originally from Perth, Australia, approached Kolb aboutg investing in the real estatw firm after looking at Boulder propertiesxby bicycle.
“We certainly plan to incorporate national and international branding expertise to expand Pedal to Propertiese inother markets,” Kolb said in a statement. Pedak to Properties plans to look at openinfg branch offices in unspecified U.S. markets. In May, the company launched a licensee designatiob for brokers interested in usingb theBoulder business’ operational formula in their The Colorado company already is workinbg to expand quickly in its hometown by adding more spacew and agents in downtown Boulder.
“I believes Pedal to Properties is in a perfect positio to meet the evolving socia and demographic changes going on in the United Stateswith homebuyers,” Majors said in a
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