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Coldwell Banker Northern California Acquires Three Area Firms

SAN FRANCISCO-The acquisition includes locally based Fred Sands City Properties and expands Coldwell Banker's market share in the greater Sacramento and Tahoe region to nearly 30%.

By Marsha Trent | Updated on March 19, 2001

SAN FRANCISCO-Three area brokerages have been acquired by Coldwell Banker Northern California. The acquisitions include San Francisco-based Fred Sands City Properties, the Truckee operations of affiliate Fraser and Fraser Real Estate and Pacific Preferred Properties Inc.

The acquisitions mark Coldwell Banker’s 9th, 10th and 11th acquisitions in the past three years. The company says the added capacity expands its market share in the greater Sacramento and Tahoe region to more than 27%.

The latest acquisition, of Fraser and Fraser, includes a team of 13 professionals. Pacific Preferred Properties is a 19-office company with 400 sales associates. The Fred Sands acquisitions added two offices and 37 associates to the firm.

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