O'Conor, Piper acquires two realty agencies Firms in Annapolis, Baltimore County

February 11, 1993|By David Conn | David Conn,Staff Writer

O'Conor, Piper & Flynn, the Baltimore region's biggest residential real estate company, got a little bigger yesterday with the acquisition of two small agencies -- one in Annapolis, the other in northern Baltimore County.

O'Conor bought the brokerage division of 40-year-old Gaylord Brooks Realty, a 15-person firm in the Jacksonville section of Baltimore County, Chairman James P. O'Conor said. The land sale and development portion of Gaylord Brooks will remain with Richard A. Moore, a principal at Gaylord Brooks.

The second acquisition was Annapolis Church Circle Realty, a 12-year-old company whose 10 sales associates work in the office next door to O'Conor's in the heart of historic Annapolis.

Church Circle's owner, George Taylor, said he decided to sell to O'Conor and merge the two firms rather than try to grow through internal expansion.

"Last year was the best year we ever had, and this January was the best January we ever had," Mr. Turner said. "We were, so to speak, drowning in our own success."

With the purchases, O'Conor will have 36 offices in Maryland and southern Pennsylvania, with more than 1,360 sales associates.

Mr. O'Conor said the mergers would give his company a larger presence in two strong markets.

O'Conor, Piper & Flynn has been active in northern Baltimore County but has no offices there. And the Annapolis Church Circle Realty merger meant that the company could expand without having to close another firm's offices.

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