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The commercial real estate company formerly known as Norris, Beggs & Simpson has a new name, and it's planning some changes in business practices to go with its new moniker.
Twenty-three years after joining NAI Global Inc., a managed network of commercial real estate firms that operates internationally, the Portland real estate firm is now calling itself NAI Norris, Beggs & Simpson.
Many firms operating within the NAI Global network incorporate the parent company's name into their own. Norris, Beggs & Simpson had until recently resisted a modification, fearing Portland clients would interpret a name change as a sign that the firm was no longer committed to the local market.
But two years ago, with the real estate market improving and a corporate desire to further expansion into markets outside Oregon, Norris, Beggs & Simpson executives felt the time was right...