SPERRY VAN NESS INTERNATIONAL EXPANDS PRESENCE IN NEW BRAUNFELS, TEXAS

IRVINE, CA – April 27, 2012 – (RealEstateRama) — Sperry Van Ness International Corporation, a national franchisor for commercial real estate brokerages, today announced the addition of a new franchise in New Braunfels, Texas. The new franchise is part of Sperry Van Ness International Corporation’s national expansion program which started in 2001 and has grown to more than 1,400 advisors and staff representing more than 150 markets today.

“Sperry Van Ness International Corporation is continuing to grow in key markets across the United States. We are happy to have this New Braunfels office and its talented brokers as part of the SVNI family,” said Kevin Maggiacomo, chief executive officer and president of Sperry Van Ness International Corporation.

Norris Commercial Group, LLC will now operate as Sperry Van Ness® / Norris Commercial Group, LLC. The office is located at 373 S. Seguin Avenue, New Braunfels, TX and is led by owner and principal broker, Mike Norris. Other team members include: Patrick Lynch and Steve Rodgers who serve as senior advisors; Allison Humphries, Harry Botkin, and Drew Traeger, who serve as advisors; as well as associate advisor, Callie Payne, and financial officer/advisor Chris Blankenship.

Sperry Van Ness / Norris Commercial Group provides sales, leasing, property management, development, tenant representation and property management services for apartments, hospitality, office, retail, industrial, land, and self storage properties.

“Norris Commercial Group joined Sperry Van Ness because its culture and business philosophy mirrors our business character, making it a natural fit for our team,” said Norris. “New Braunfels has continued to prosper during this current economic downturn creating jobs and economic growth. I can attest that Norris Commercial has had a proactive role in that prosperity. For decades we have been committed to this region and we will continue that legacy well into the future.”

Norris Commercial Group has been in business for over 62 years. Mike Norris has been with the firm for the past 38 years. Leading a team of experienced advisors, Norris engages in the development, sales, marketing, leasing and management of commercial real estate throughout the San Antonio/New Braunfels MSA.
Located between San Antonio and Austin, the city of New Braunfels is known for its beauty, hill country, rivers and quality of life.

The Sperry Van Ness® Story
The growth of the Sperry Van Ness Franchise Organization is a story that originated in 1987 with two entrepreneurs that had a vision to create a commercial real estate system which put the clients’ interests first. They set out with a mission to create unprecedented value for commercial advisors and their clients. In 2001 Sperry Van Ness International Corporation was founded, and through its franchisees and licensees, operates one of the most recognizable commercial real estate brands according to the 2011 Lipsey Survey. The Sperry Van Ness Organization includes more than 150 locations in 38 states. With headquarters in Irvine, Calif., the franchise operation’s independent business owners provide brokerage, tenant representation, consultation, asset management, property management, leasing, accelerated marketing and auction services. Sperry Van Ness affiliates represent clients in billions of dollars annually in office, multifamily, retail, industrial, self-storage, hospitality and land transactions. For more information, visit www.svn.com.