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SVN Targets Industrial, Office

As part of an initiative to expand in the US and internationally, Sperry Van Ness added several local and regional firms to its stable. JBM Realty Advisors Inc. of Tampa, FL is the latest acquisition.

By John McCloud | Updated on December 05, 2007

John McCloud is editor of Industry Property Journal, from which this article is excerpted.

Irvine, CA—As part of an initiative to expand in the US and internationally, Sperry Van Ness added several local and regional firms to its stable. JBM Realty Advisors Inc. of Tampa, FL, a company that specializes in global marketing of institutional-quality commercial assets and portfolios, is the latest addition for SVN, the nation’s 16th largest commercial real estate brokerage.

SVN president Jerry Anderson says the expansion, which began five years ago, coincides with the 20-year-old firm’s decision to bolster its presence in the industrial and office sectors. “Historically, we’ve been mostly in retail and multi-family,” he explains. “But more recently, office and industrial have come to represent about 30% of our transactions. We expect that percentage to increase.”

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