FOR IMMEDIATE RELEASE

BND Commercial Grows Through Acquisition

BND Commercial announces the creation of one of Northeast Indiana's largest commercial real estate firms via their acquisition of the Goldstine Knapke brokerage company. This union creates a northeastern Indiana commercial real estate firm of experienced experts, extremely well versed in the northeast Indiana market.

BND Commercial was established in 2004 by three of the region's most aggressive commercial real estate professionals: O. Karl Behrens, CCIM, SIOR, David N. Nugent CCIM, SIOR and David W. Dumas. With more than 45 years combined experience and the integration of cutting edge marketing practices, this team proved to be a powerful combination and one of the most successful and innovative real estate partnerships in northeast Indiana.

Goldstine Knapke delivers an impressive real estate lineage through two of Fort Wayne's oldest commercial/industrial real estate firms. Goldstine Knapke was formed in 1992 when Goldstine, Inc. and N. B. Knapke Company, Inc. partnered to create the new firm. Goldstine, Inc., headed by co-owners Stephen J. Wesner and David J. Norton, was founded by Hiram Goldstine in 1909. It has represented local and national clients for over 100 years, earning a well deserved reputation for excellence in brokerage services. N.B. Knapke Company, Inc., founded in 1948 by Norbert B. Knapke, is a leader in industrial and commercial development, having developed Fort Wayne's first shopping center, Southgate. Many of Fort Wayne's most recognized commercial and industrial facilities were developed by N. B. Knapke Company, Inc., which will continue under the ownership of Philip J. Knapke.

All three brokers, Knapke, Norton, and Wesner will continue to offer their brokerage services through BND Commercial Real Estate. When asked recently about his plans on retirement Wesner replied, "Never, I have no intentions of retiring; I look forward to serving my clients for many years." Knapke and Norton also reiterated this statement.

From Left: David J. Norton, David Nugent, David Dumas, Phil Knapke, O. Karl Behrens, Stephen J. Wesner

The blending of these two established real estate firms will offer clients the highest level of experience and services in: commercial, office, industrial, medical, retail, multi-family and business brokerage. The company will also continue to provide tenant and landlord representation, property and facility management, consulting and market research, asset and appraisal services as well as commercial and residential development. Behrens says, "This merger takes place with one united goal in mind: To be the #1 provider of commercial real estate services in our region." With this acquisition, "BND Commercial becomes the largest, most experienced commercial real estate company in northeastern Indiana with more licensed commercial brokers and more completed transactions than any other firm in the area."

Nugent agrees. "We believe that creativity, integrity and dedication to our clients are the cornerstone of all we do." The company name and mission remain the same as always: To excel by taking an innovative approach to transactions, creating a positive environment for our employees and committing time and resources to community development. Norton adds, "We are excited about the benefits this collaboration brings, and we look forward to sharing these with our most valuable resource-our clients."

For Additional Information, please contact
David W. Nugent | (260) 407-0900 | dnugent@bndcommercial.com