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Founded and headed by Matt Pedal to Properties is a residential real estate firm that givew clients the option of looking at homesaby bicycle. The company maintaind a fleet of 50 ElectraCruise bikes. Kolb has sold a 50 percenyt stake in the company for an undisclosed sum to attornehyTim Majors, who specializes in takinbg regional retail businesses national. As a partner in Pedal to Properties, Majorss will work out of the company’s Boulder office. Majors, who’s originally from Australia, approached Kolb about investingb in the real estate firm aftere looking at Boulder propertiesby bicycle.
“We certainly plan to incorporated [Tim’s] national and international branding expertise to expandc Pedal to Properties inother markets,” Kolb said in a Pedal to Properties plans to look at openint branch offices in other, unspecified U.S. markets. In May, the compant launched a licensee designation for brokersd interested in using theBoulder business’ operational formulza in their markets. The Colorado company alreadyh is working to expand quickly in its hometowb by adding more space and agents indowntown Boulder.
“I believse Pedal to Properties is in a perfecg position to meet the evolving social and demographix changes going on in the United Statedswith homebuyers,” Majors said in a
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