NorCal Acquisition

Drysdale Properties Acquires Prudential Norcal Realty in Sacramento

Acquisition of Natomas and Carmichael offices expands company’s footprint in the greater Sacramento area

(SAN RAMON, CA – January 08, 2014) - Berkshire Hathaway HomeServices Drysdale Properties, the fastest-growing full service real estate brokerage, announced the acquisition of Prudential NorCal Realty, a two office, 60-agent operation which transacted over $60 million in sales with nearly 400 units in 2013. Ron Leis, former owner and longtime Sacramento broker, will remain with the brokerage located in Natomas and Carmichael. The addition of these two offices makes a total of three offices in the greater Sacramento area for Drysdale Properties. The other is located in El Dorado Hills.

"We’re bullish on the Sacramento market, and believe it will follow Bay Area trends and see a boomlet in 2014. These two offices represent the foundation for our growth in the Sacramento market. Ron and the agents are very productive professionals with a deep local knowledge of the area. It’s a perfect fit for us and we look forward to doing great things in Sacramento with their help,” said Gretchen Pearson, President and CEO of Drysdale Properties.

Prudential NorCal Realty was founded by Ron Leis, a Sacramento native, in 1993. Leis will continue with the brokerage as part of a powerhouse real estate team and consultant, as well as maintaining his other real estate-related businesses which include property management, general contracting and others.

“This pairing with Drysdale Properties offers us some exciting growth opportunities in the near future. This is the next step in growth for the brokerage and we think the future looks bright,” said Leis.

Pearson has been growing the brokerage since September 2010, taking it from four offices to 21 with this current acquisition.

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