Merger of Local Commercial Real Estate Firms

Annapolis— 9/13/2022

Murphy Commercial Real Estate is pleased to announce we have joined forces with Hyatt Commercial and The Reliable Group.

Since its inception in 1999, Murphy Commercial has specialized in commercial sales and leasing throughout Maryland with a focus on retail, restaurant, office, medical, warehouse, and flex properties representing tenants, landlords, buyers, and sellers.

Hyatt Commercial, founded in 1961, provides commercial real estate brokerage services and property management throughout the Mid-Atlantic as part of the real estate services company of The Reliable Group. In combining Hyatt and Murphy, the company further solidifies itself as the largest commercial real estate brokerage company based in Anne Arundel County.

Dennis Murphy and his team will join Hyatt and The Reliable Group in their recently relocated offices on Riva Road in Annapolis. Dennis will continue to serve his clients and his team as a leader of the newly merged companies.

Dennis, Founder of Murphy Commercial has served on the Corporate Council of the Vietnam Veterans Memorial, The Md. Stadium Authority , The Washington Advisory Board for SunTrust Bank and President of Smithy Braedon in Washington D.C. said “I am excited about the opportunity for our team to join The Reliable Group and merge with Hyatt Commercial. I look forward to the transition, working with Justin and his team. Both our companies working as one, become stronger and have the capabilities to provide the highest level of service to our clients.

Justin Mullen, President of Hyatt Commercial and Principal of The Reliable Group said, “Dennis Murphy and his team have deep roots in the local business community and a long history of successes in commercial real estate. We are thrilled to be combining our teams and see a huge opportunity for building upon each other’s expertise and relationships. Dennis, his team, and his clients are ideally situated to benefit from the full slate of services provided by The Reliable Group. This is a win-win for everyone involved.”

About The Reliable Group
Formed in 2021 with an ownership group made of experienced real-estate owners and service providers; The Reliable Group’s operating companies, Hyatt Commercial, Hyatt Property Management, Reliable Commercial Construction, Reliable Real Estate Services, and Chesapeake Fine Homes, offer a spectrum of services to client in the Mid-Atlantic including brokerage, property management, general contracting, and land development.