|BARBERMurphy buys Johnson Properties|
SHILOH — BARBERMurphy Group has acquired Fairview Heights-based Johnson Properties, Inc., forming the largest commercial real estate entity in Southern Illinois.|
The acquisition was announced by Paul Murphy, managing broker. Terms were not disclosed.
The transition was immediate, with a total six commercial brokers relocating to BARBERMurphy’s offices in Shiloh. Terry Johnson will serve as a broker with the expanded BARBERMurphy Group, with Paul Murphy, Wayne Barber and Steve Zuber remaining as principals of the enlarged firm.
The firm now has 18 experienced brokers working in 20 counties in Southern Illinois.|
Originally founded in 1945 by Kenneth Johnson as the Kenneth Johnson Agency, Johnson Properties, Inc. was acquired by Terry Johnson in 2007.
BARBERMurphy Group was established in 2004 by Wayne Barber Jr. and Paul Murphy. The two principals opened their own business with more than 40 years’ combined experience in Southern Illinois. Zuber, who has been with the firm since 2005, was named principal in 2012.