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REAL ESTATE INDUSTRY
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Sperry Van Ness International acquires 16 new U.S. franchises

The new franchises include two in Southern California

By Elaine MurphyPublished: January 27, 2012 12:05 PM

In its most aggressive growth year since 2007, Irvine-based Sperry Van Ness International acquired 16 franchises in the U.S. in 2011. The franchises, located in 11 states, include two in Southern California and are part of the commercial real estate brokerage franchisor’s national expansion program.

“We continue to expand the reach of our franchise by aligning with top firms across the country,” said Kevin Maggiacomo, Sperry Van Ness International president and CEO. “Not only did we exceed our expansion goals in 2011, it was also our best year in terms of growth since the market peaked in 2007.”

Among the firms acquired are Valley Commercial Real Estate in El Centro, Promus Commercial of San Diego and First Guardian Group in San Jose. Sperry Van Ness, whose franchises now serve more than 150 markets, plans to increase its momentum by adding 25 additional franchises in 2012.

“Our industry-leading technology platform, combined with the local market expertise of our new advisors offer an unprecedented level of support to the existing and future clients of Sperry Van Ness. The Sperry Van Ness platform continues to attract significant interest from new franchisees across the country seeking innovative technology tools, marketing expertise, training and a collaborative culture focused on the client,” said Maggiacomo.


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