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Christie's International Real Estate Adds $1B Luxury Brokerage in Northeast Florida
Globenewswire· 2025-09-24 17:05
Core Insights - Christie's International Real Estate expands its presence in Florida by partnering with First Coast, a leading brokerage in Northeast Florida [1][5] - First Coast, established in 2018, has rapidly grown to become a dominant player in the residential market, achieving nearly $1 billion in sales volume in 2024 [3][4] - The luxury real estate market in Jacksonville remains resilient despite a cooling broader market, driven by corporate growth and relative affordability compared to other coastal areas [6] Company Overview - First Coast was founded by Corey Hasting, who transitioned from a potential NFL career to real estate, becoming the youngest licensed partner in Engel & Völkers history [2] - The brokerage has received multiple accolades, including being ranked 314 by RealTrends among over 88,000 brokerages and recognized as one of the Fastest 50 Growing Companies in Northeast Florida [3] Market Dynamics - Jacksonville's luxury segment is thriving, with properties priced from $1 million to over $20 million, indicating strong demand for high-end real estate [6] - A significant $2.5 billion investment in downtown Jacksonville aims to enhance luxury living options, including a waterfront Four Seasons Hotel and Residences [7] Strategic Advantages - The partnership with Christie's International Real Estate provides First Coast agents access to advanced technology, global marketing, and extensive referral networks [5] - Christie's International Real Estate operates in nearly 50 countries, enhancing its global reach and service offerings in the luxury market [8]