MIAMI, Fl --The real estate market is heating up again and Sperry Van Ness of Miami, one of the nation’s largest full service commercial real estate full service firms, is taking action. The firm has just named David Wells (top right photo), a 10-year industry veteran, to head up the investment sales Net Lease Division for the Miami office. He will be in charge of expanding the firms presence in selling net leased & retail investment properties throughout the Southeast and Nationally.
Many real estate firms across the country have begun to ramp up as investment sales have increased 25% in the past quarter and prices have been skyrocketing over the past year by 30% to 40% for premium assets.
David Wells has been involved in over $500 million worth of commercial transactions throughout the country.
Based in Miami, Mr. Wells represents a unique mix of investors from both the US and South America, working with them directly and with several top offshore investment managers who have offices in Miami.
“Being positioned in Miami gives our clients from across the country a unique advantage when marketing their property for a potential disposition. We provide the best national exposure like many of our competitors, but we also provide international exposure, resulting in higher prices due to foreign money.”
David Wells has worked in both brokerage and the private equity side.
“I am very excited to join Sperry Van Ness," Wells says. . "They have a tremendous national platform in place that benefits both buyers and sellers. They have a culture based on collaboration which serves the best interests of the client.”
For more information ,contact David Wells directly, david.wells@svn.com, 305.498.6095
www.svn.com
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