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May 05, 1995|Debora Vrana, Times staff writer

New Franchisee: Coldwell Banker Corp., the Mission Viejo real estate brokerage firm, has selected Coastco Real Estate in Long Beach to be a new franchisee.

Called Coldwell Banker Coastco Real Estate, the franchise has agreed to purchase the only Coldwell Banker company-owned office in Long Beach and combine those two operations.

Coldwell Banker Coastco will become the second-largest residential real estate brokerage firm in southeast Long Beach and Seal Beach and will more than double the number of its employees to 66 from 30.

Coldwell Banker has more than 2,400 offices and more than 57,000 employees in North America.

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