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CT’s Pequot Commercial under RI’s Randall umbrella

Waterford property broker Pequot Commercial is being absorbed into Rhode Island’s The Randall Family of Companies, authorities say.

The deal for an undisclosed sum leverages Pequot’s presence in southern New England’s commercial property market, Randall CEO Doug Randall said Wednesday.

Peter Guille founded Pequot in 1974. Pequot Manager John Jensen will continue to oversee Pequot’s operations from its Hartford Turnpike offices.

Randall has 27 realty offices and 500 sales associates in Connecticut, Massachusetts and Rhode Island.

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Its brands also include Kinlin Grover Real Estate, Kinlin Grover Commercial, Randall, Realtors, Randall Commercial, and Page Taft Christies International.

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