Commercial real estate firm NAI DESCO announced it will increase its inventory and agents by 50 percent with the acquisition of competitor Coldwell Banker Commercial’s St. Louis brokerage division.

NAI DESCO is a full-service brokerage firm offering a wide range of services to institutional and individual owners of real estate as well as tenants and buyers. The firm focuses on corporate real estate services and brokerage of industrial, medical, office, retail and investment properties.

“Acquiring Coldwell Banker Commercial’s brokerage operation gives us more horsepower to grow and serve more customers in an increasingly competitive environment,” said Mark Schnuck, president of NAI DESCO. “We are excited about the opportunities that come from combining two strong brokerage operations. Our team is as strong as any in the marketplace.”

Carl Conceller, a former principal and founding member of Coldwell Banker Commercial CRA LLC, will join NAI DESCO as a principal. Additionally, seven other former Coldwell agents will relocate to NAI DESCO’s Clayton headquarters at 8235 Forsyth bringing the team total to 32.

“The combined force of NAI DESCO and Coldwell agents makes for a formidable organization with a vast array of skills and experience to draw upon,” said Conceller. “The real estate world is becoming increasingly complex to navigate. We are in a stronger position now to assist our clients by delivering a full spectrum of services through the DESCO family of companies.”

NAI DESCO, with a current inventory of 200 commercial properties, will significantly increase its offerings with the addition of approximately 100 former Coldwell listings. The properties include office, industrial, medical, retail and multi-family buildings for sale or lease throughout the St. Louis Metro, Eastern Missouri and Southern Illinois.

Several prominent listings offered include the former Chrysler plant in Fenton, Northwest Plaza in St. Ann, the Merrill Lynch and Regions Bank Centres in Clayton and Corporate Center in Bridgeton.

The new agents joining NAI DESCO can be reached at 314-994-4444 and include William Barnes, Nadine Boon, Noel Fehr, Stephen Gwinnup, Ken Kaller, Brenda Lowder, and Michael Wolken.

The financial details of the acquisition were not disclosed.