LOS ANGELES, Jan. 28, 2016 /PRNewswire/ -- John Aaroe Group today announced the opening of their Downtown Los Angeles office. The opening of the branch, distinctly designed to cater to the evolving luxury market in Downtown Los Angeles, comes on the heels of an upward trajectory for the venerable group that saw over $2.2 billion in overall sales in 2015.
In addition, the brokerage announced the promotion of Gus Ruelas to the newly-created role Vice President/Regional Manager, San Gabriel Valley and Downtown Los Angeles. A nearly two-decade veteran of the luxury real estate industry, Mr. Ruelas joined John Aaroe four years ago to launch the Pasadena branch of John Aaroe Group.
"The towering offices that comprised 'The Wall Street of the West' are becoming swank once again, and new properties along the Figueroa Corridor are furthering the progressive revitalization of downtown, attracting businesses, tourists and new residents alike," Ruelas said of the new office. "With the addition of many skyscrapers for both commercial and residential use, Downtown LA is shaping a skyline to rival any in the world. I'm thrilled to be leading John Aaroe Group's involvement in this exciting time in Downtown LA's rich history," he added.
"Gus' expanded role reflects our faith in him as a professional, a trend-setter in our industry, and a leading executive who showcases the true integrity, class, and sophisticated style that are hallmarks of the Aaroe brand," said John Aaroe, the firm's Founder and Chief Executive Officer. "As we look to provide top-tier service to both our agents and our clients, Gus' innovative approach and keen understanding of the evolving market in the area make him perfectly poised to lead our expansion to the Downtown area and continue our expansion into the San Gabriel Valley," Aaroe added.
The Downtown Los Angeles location officially opens January 29th.
ABOUT JOHN AAROE GROUP
John Aaroe Group is a leading real estate brokerage specializing in high-end property in the greater Los Angeles area. The company has represented some of the region's most prestigious properties, including the highest priced sale in the history of Beverly Hills. John Aaroe Group offers in-depth knowledge through its nine offices in Beverly Hills, Brentwood, Downtown Los Angeles, the Sunset Strip, Baldwin Hills, Toluca Lake, Sherman Oaks, Studio City and Pasadena. It also serves an international clientele through Aaroe Estates. In 2015, the firm participated in 2,834 closed transactions with a combined market value of over $2.2 billion. http://www.aaroe.com.
SOURCE John Aaroe Group