• Mon. Nov 28th, 2022

Murphy Commercial Real Estate merges with Hyatt Commercial, The Reliable Group

ByWillie M. Evans

Sep 14, 2022

Anne Arundel County-based Murphy Commercial Real Estate has merged with Hyatt Commercial and The Reliable Group, it was announced Wednesday.

Since its inception in 1999, Murphy Commercial has specialized in commercial sales and rentals throughout Maryland, with a focus on retail, restaurants, offices, medical facilities, warehouses and properties. flexible representing tenants, owners, buyers and sellers.

Hyatt Commercial, founded in 1961, provides commercial real estate brokerage and property management services throughout the Mid-Atlantic as part of The Reliable Group’s real estate services company. By combining Hyatt and Murphy, the company further solidifies itself as the largest commercial real estate brokerage firm based in Anne Arundel County.

Dennis Murphy and his team will join Hyatt and The Reliable Group in their recently relocated offices on Riva Road in Annapolis. He will continue to serve his clients and his team as a leader of the newly merged companies.

Murphy, the founder of Murphy Commercial, has served on the corporate board of the Vietnam Veterans Memorial, the Maryland Stadium Authority, the Washington advisory board for SunTrust Bank, and as president of Smithy Braedon in Washington.

Formed in 2021 with an ownership group of experienced property owners and service providers; Reliable Group operating companies, Hyatt Commercial, Hyatt Property Management, Reliable Commercial Construction, Reliable Real Estate Services and Chesapeake Fine Homes, provide a range of services to Mid-Atlantic customers, including brokerage, property management , general contracting and land development. .