Third-generation family-owned business London and Stetelman Commercial Realtors celebrated its 75th anniversary in January - a milestone that hasn't quite sunk in for President Andy Stetelman.

"I don't think it's really hit me yet," Stetelman said. "We've been here for 75 years and we want to see the business continue to grow."

London and Stetelman sells commercial real estate in the Pine Belt, including office and retail spaces, as well as independent properties. The real estate agency also manages residential real estate. While not moving at as frantic a pace as right after Hurricane Katrina, Stetelman said the city of Hattiesburg is continuing to grow in the commercial market.

"I think that we're going to continue to have that steady growth," he said. "It would be nice to have a crystal ball so we'll know for sure, but I think that Hattiesburg will continue growing. Nationwide, you have a soft market, but Hattiesburg has traditionally remained somewhat immune to that."

London and Stetelman was founded in 1933 by Marcus London and was originally located on Front Street. A full-service real estate agency that focused on residential and commercial real estate, London started the business because he was tired of the grocery business, Stetelman said.

Stetelman's father, Mike Stetelman, joined the agency in 1955.

"It was a one-stop shop," Stetelman said. "You could get a loan from the bank next door, take care of the real estate and get insurance at the same time. Most of the time you could get all of your business taken care of in a day - two at the most."

The decision to shift to the company's focus to commercial real estate, Stetelman said, came after the Tax Reform Act of 1986, which changed the regulations surrounding commercial real estate.