Venture capital-backed brokerage Compass is pressing on with its L.A. poaching spree.
The company has nabbed Teles Properties agent Stephanie Younger and her 21-person team for its new office in the Westchester-Playa del Rey neighborhood, the company told The Real Deal.
Younger and her team closed more than $150 million in sales last year, making them the number one team at Teles Properties, according to Compass.
A spokesperson for Teles did not immediately respond to a request for comment on her departure.
“Teles is a wonderful place and it was a great place for me to grow my business over the past seven years but the Compass model is very interesting and I couldn’t help but stop and look at them,” Younger said. “I’ve always been someone who wants to be on the cutting edge.”
Younger specializes in the “Silicon Beach” region – Westchester, Playa del Rey and Playa Vista – as well as Culver City, Marina del Rey, and Mar Vista.
With the addition of the new office, Compass will now have five bricks and mortar locations in the L.A. region, including Beverly Hills, Malibu, Pasadena and Santa Barbara/Montecito. The firm recently announced it will move to a larger office on the Pacific Coast Highway in Malibu, and expand its Beverly Hills headquarters to more than 25,000 square feet on Wilshire Boulevard.
Compass would not comment on the exact location of the new office, since the deal has not yet been signed.