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Two Hunter-based agents are bringing Raine & Horne Commercial to what they are calling its “rightful home” – Hunter Street, Newcastle.
Cody Bice and Brad Wallace are setting out to put Raine & Horne Commercial Newcastle onto the next phase of its expansion, as it looks to ramp up efforts across both commercial sales and leasing sides of the business.
Prior to launching the agency, the pair worked as part of the team across Raine & Horne’s New Lambton, Wallsend and Mayfield offices, co-owned by Colin Bice, Tony Tolazzi and Craig Fennings.
That trio are co-owners of Raine & Horne Commercial Newcastle, too, alongside Mr Bice and Mr Wallace.
According to Mr Wallace, the timing of the agency’s relocation to the central city location is “impeccable”, with the commercial property market set to benefit from developments in the central business district and the light rail, with the Hunter Street precinct also gearing up to see changes.
“We’ve got our high-rise residential apartments popping out of the ground, 13, 14, 15, 20-storeys high and had hundreds of millions of dollars pumped into the Newcastle economy in the last five years,” he highlighted.
“Consequently, there’s a lot of major national organisations looking to move their head offices to Newcastle, due to their employees wanting to get out of the major cities yet still have all the amenities associated with big city living.”
Even with the agents noting the city as “one of the fastest-growing cities outside the capital cities”, Mr Wallace said the new shopfront would “not only deliver commercial property sales, leasing and property management but will also provide business sales services to the city’s small business owners”.
Explaining further, he said, “business broking and commercial property services are all intertwined as small business owners are usually part of these transactions”.
“We are one of the only agencies in Newcastle that can sell businesses, such as cafes and restaurants, as well as the commercial properties where they operate. We will also sell freehold businesses and buildings,” he added.
Commenting on the new-look outfit, Raine & Horne Group executive chairman Angus Raine said he considered Raine & Horne Commercial as “part of the fabric of commercial property markets in Newcastle”.
“It’s exciting Brad and Cody will lead the next chapter of our brand’s expansion in Newcastle,” he said.
ABOUT THE AUTHOR
Grace Ormsby
Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.
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