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San Ramon, Calif.-based brokerage Prudential California Realty Pearson Properties has acquired Brentwood, Calif.-based Coldwell Banker Amaral Associates.
The deal brings 25 agents and three offices to Prudential California Realty and represents the 12th acquisition the brokerage has made in the past two years. The brokerage — which has doubled in size since affiliating with Prudential Real Estate in September, 2010 — has more than 500 agents in 18 offices in the San Francisco Bay Area and Sacramento.
“We’ve been strategically expanding for the past two years, and the addition of these productive offices strengthens our existing and thriving presence in East [Contra Costa] County,” said Gretchen Pearson, president of Prudential California Realty Pearson Properties, in a statement.
Amaral Associates will now do business as Prudential California Realty under the continued leadership of broker-owner Aaron Meadows, who became president of the 25-year-old brokerage in 2001.
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Article source: http://www.inman.com/news/2012/06/22/prudential-california-realty-continues-growth