Security Pacific Real Estate-Richmond Area Realty

Tuesday, September 13, 2011

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RealEstateinContraCostaCounty: Transacting Real Estate in today's marketplace requires a specific level of expertise. For your convenience, we have listed our background information below. Security Pacific Real Estate was founded in 1969 by Ray DeGennaro and Richard J. Clancy. The first office was located on Pear St. in Pinole. By the late 70's, there were 13 offices throughout California. In 1981 the duo split the company along the boundaries established by the two Boards of Realtors in its' market area. DeGennaro and his new partner, Jack Burns Sr., concentrated their efforts in West Contra Costa County and Clancy focused on the central portion of the county. In 1987, Jack Burns Sr. and Ray DeGennaro consolidated their offices into the company's newly constructed 16,000 sq. ft. Richmond Hilltop office. Over the years, Security Pacific has flourished and evolved into the largest locally owned and managed brokerage firm in the area. Ninety percent of Security Pacific's business is residential re-sales. The remaining ten percent of the company's business is a mixture of commercial and income investment property.

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