Officials with Corcoran Group LLC announced Oct. 24 the company's expansion into the Houston market with the launch of Corcoran Prestige Realty.

The business will be owned and run by James Krueger and will serve the Houston metropolitan area, according to an Oct. 24 news release. A company spokesperson said the new office is expected to be up and running within several weeks.

Krueger, a native Texan, founded Krueger Real Estate in 2014. The company of more than 40 agents will now go by Corcoran Prestige Realty and operate from the Ella Boulevard office, according to the release. Corcoran offers services to individuals who are buying or selling homes.

“It is incredibly exciting and a great honor for us to join Corcoran in the Houston market, and we already feel the synergy between our local team and the international brand,” Krueger said in a statement.