Glasshouse Realty Group, a Dayton, Ohio-headquartered real estate brokerage, has recruited Tom Kretz to launch a commercial division to expand and diversify the brokerage’s footprint across the Dayton, Cincinnati and Columbus markets.
The company is predicting its expansion into commercial real estate will net roughly $35 million to $50 million in new sales volume by the end of 2025.
Kretz comes to Glasshouse after finalizing the sale of his co-ownership stake in Irongate Inc. Realtors, the second largest brokerage in the Dayton area. At Irongate, Kretz developed and managed all aspects of the commercial division, growing the annual commercial real estate transaction volume by 1,500% in less than three years. Prior to Irongate, Kretz ranked third globally for top commercial agents in the Berkshire Hathaway Global CRE Network.
“Glasshouse has built an outstanding reputation in residential real estate, commanding more and more market share and attracting top talent in recent years,” said Kretz. “I quickly recognized the untapped potential for Glasshouse to expand its business model into the commercial space. The brokerage is energetic, nimble and technology-driven — key ingredients for navigating the broad spectrum of complexities that can arise in commercial transactions. There’s something different and exciting at Glasshouse.”
“We’re thrilled to have Tom on board as we grow our Glasshouse Commercial Division and become a top-producing, full-service brokerage,” said Mo Zahedi, Glasshouse broker and co-founder. “The commercial market throughout the Dayton, Columbus and Cincinnati regions is strong and we’re confident our expansion will generate a new tier of sales volume in the years to come.”