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David Wells Joins Sperry in Net Lease Play

MIAMI-David Wells is charged with expanding Sperry’s presence in the net lease and retail sector throughout the Southeast and nationally.

By Jennifer LeClaire | Updated on July 22, 2012

MIAMI—In a move to leverage improving conditions in the net leased and retail space, Sperry Van Ness has brought David Wells on board as a senior investment advisor. Wells will also serve as vice president of the Net lease Division for the Miami office.

Wells is charged with expanding Sperry’s presence in the net lease and retail sector throughout the Southeast and nationally. Sperry reports that investment sales have increased 25% over the past quarter and prices have been skyrocketing over the past year by 30% to 40% for premium assets.

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