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The planned integration is already under way and includes creating centralized support functions to better address client needs; restructuring business development strategies and functions to gain efficiency and a greater focus on market opportunities; and consolidating the company's Washington, D.C., relocation service operations into its Phoenix office.

"Combining our real estate and relocation businesses into one powerful, efficient company enables us to leverage our expertise and deliver even better service to our affiliates and our relocation clients," says Lee. "We are positioning Prudential Real Estate and Relocation Services favorably for the long term."