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Sperry Van Ness Expands into Area

BOSTON-Sperry Van Ness, the Irvine, CA-based commercial real estate investment firm, enters the area by affiliating with eight independent brokers in the region. The move is part of the company's national expansion campaign.

By Naomi Grossman | Updated on August 26, 2002

BOSTON-Sperry Van Ness is entering the area as part of the company’s national expansion campaign. The Irvine, CA-based commercial real estate investment firm is affiliating with eight independent brokers in the region.

David Frosh, president of Sperry Van Ness, is overseeing the national expansion, which has grown from nine regions to approximately 45 regions in the past 18 months. Kevin Maggiacomo, regional director for Sperry Van Ness, is responsible for the company’s growth in the New England area.

Maggiacomo tells GlobeSt.com that the company focuses on the real estate investment sales market. He notes that rather than moving into a market by buying up a company or leasing expensive space, the company’s strategy is to align itself with top producing independent brokers in an area. He emphasizes that the arrangement is helpful to the broker as well because brokers are “no longer precluded from chasing deals” that are too big for them.

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