Cite Partners celebrates $100 million in first year

By Catherine Kerr
| 5:07 a.m. November 5, 2015

Southwest Orange
News

Windermere resident Matt Sullivan was successful as a senior managing director at Colliers International and was even named a Top 10 Producer for six consecutive years. But in 2014, he and a small team of other commercial real estate brokers decided to leave their jobs and start up a new venture called Cite Partners.

Cite Partners was launched in June 2014 and offers services in three areas: brokerage, management and consulting. Within its first year, the company had completed $100 million worth of transactions in the Orlando area.

“We’ve been very blessed with great clients and great friends, and we’re pleased with our progress so far,” Sullivan said. “I think our key to success is … we’re very team-oriented, and our goal is to execute on behalf of our clients. And we care.”

Sullivan said clients benefit from working with brokers of different experience levels at Cite Partners. The senior broker provides oversight and guidance, a mid-career broker executes the transactions, and a junior broker works hard to form relationships with new clients.

Sullivan has been a proud resident of Windermere since 1974.

“I love the dirt roads, I love the quaint picture of our little town, and yet within 10 minutes, you’re in the heart of Dr. Phillips and Disney and the tourist capital of the world,” he said. “You’ve got the best of both worlds there.”

Cite Partners has not yet completed transactions in Windermere, but the team has worked with businesses and properties elsewhere in West Orange County.

One such success story was the West Orange Professional Center, located on Winter Garden Vineland Road, Winter Garden. Cite Partners sold the 32,000-square-foot property less than six months after it was put on the market.

Currently in West Orange County, Cite Partners is marketing properties within the Winter Garden Commerce Center (Garden Commerce Parkway), Winter Garden Citrus (75 Second St.) and a parcel in Oakland (16100 W. Colonial Drive).

Looking forward, Sullivan hopes Cite Partners will add service lines to its business platform and add more team members.

“We want to get better every day and improve on our deliveries to our clients — and work and strive to be the best we can,” he said.