Palm Beach Gardens, Fla. –Reichel Realty & Investments announced a new Business Brokerage and Advisory Division headed by Steven Friedman, Senior Vice President. The new division provides counsel and personalized services to business owners ready to sell or position for future sale, and to entrepreneurs looking to acquire a business.

Friedman, a former CPA, brings more than 25 years of experience in business management and as a chief financial officer for companies from Fortune 500 to start-ups in manufacturing, wholesale and retail services.  He also served as president and CFO of Stainsafe, Inc.  Friedman holds a BBA in accounting from the University of Texas, and an MBA in Finance and Marketing from Case Western Reserve University, Cleveland, Ohio.

Bill Reichel, president, said, “There is substantial demand in the marketplace for first rate business brokerage and advisory services.  Baby boomer entrepreneurs are looking toward retirement with the economy in an upswing. Plus, synergies with Reichel Realty & Investments’ services add value for clients,” he added, noting that real estate is often a significant factor in a business sale, whether it’s disposition of a building or lease negotiations.

“During our nearly 30 years in business, we’ve worked with many businesses going through this transition, as well as investors and banks, and we currently manage centers with more than 500 tenant companies,” Reichel said. “We’re bringing the firm’s reputation for honesty, integrity and providing quality guidance to this new division. That track record and Steve’s deep business management and consulting expertise make business brokerage a natural next step.”

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