Last Update: May 9 @ 7:45 PM

Real Estate

Prudential Gammons acquires East Bay office

BRISTOL – Prudential East Bay Realty has been acquired by East Greenwich-based Prudential Gammons Realty, in an effort to expand its reach into new Rhode Island and Massachusetts markets. Financial details were not disclosed.

“We are extremely excited about the East Bay acquisition,” Roxanne Tafuri, president of Prudential Gammons, said in a statement. “It allows us to grow our company’s market share in the East Bay as well as Southern Massachusetts markets.”

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The expansion is part of a plan to add more offices during 2008, Prudential Gammons said.

Bob Holland, owner-broker of Prudential East Bay, will remain with Prudential Gammons, the companies said.

“It is an exciting time for our company,” Holland said in a statement. “After nearly 31 years as a single-office real estate firm, we are joining forces. …

“The opportunities for education and training – along with the incredible marketing that this company offers its customers – will allow our agents to grow their businesses at an accelerated rate.”

Besides its headquarters in East Greenwich, Prudential Gammons Realty has offices in Cranston, Providence, Exeter, Coventry, Wickford and now Bristol. Additional information is available at www.allengammons.com.

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