In 1959, Melvin Gerspacher started his own company, Gerspacher and Associates. He purchased the Miller farm on the north side of Medina and ceated what is now known as Forest Meadows. This became Medina’s finest subdivision and featured custom designed homes with the innovative use of lakes and open space. Along with the construction of homes Melvin Gerspacher also built or remodeled many commercial buildings in and around the City of Medina. The restoration of Historic Downtown Medina was greatly aided by Mel.
In 1971, Mel's son, James Gerspacher, joined the family business after graduation from Western Reserve law school and completion of his tour with the US Army. James began learning the residential real estate business from the ground up. Taking over the administrative side of the business, James started the internal tracking of the transactions and began assuming an increasing role in the management of the existing four branch offices in Medina, Lodi, Hinckley and Brunswick. In 1979, the real estate division of the Gerspacher Companies was split off from the Development and Construction divisions. James acquired the new entity and continued as the President of Gerspacher Realty.
In 2004, James’ nephew, Troy Gerspacher, became the third generation to enter the real estate business by joining the firm after seven successful years in staffing sales with the Areotek Company. Troy’s energy and enthusiasm have gained him not only the admiration in the community, but also a strong client basis and respect of his peers.
Under Troy's leadership, this full-service brokerage has greatly expanded throughout Medina County, as well as entering the real estate markets in both Wayne County and Cuyahoga County. Over a 50 year period, Gerspacher Real Estate Group has developed its relationships, expertise, resources, and reputation to better service both buyers and sellers with the highest degree of professionalism and competency.
|