Home Press Releases SPERRY VAN NESS | REALSITE GROUP ENTERS NEW YORK CITY MARKET

SPERRY VAN NESS | REALSITE GROUP ENTERS NEW YORK CITY MARKET

NEW YORK, NY – November 4, 2011 – (RealEstateRama) — Sperry Van Ness | RealSite Commercial Group, a premier Baltimore, Md. commercial real estate firm, has expanded its operations into New York City. The new firm, Sperry Van Ness | RealSite Group, is located at 123 Third Ave., Suite 9C and will service the New York metropolitan area.

Led by Anthony Casalena, CCIM, who serves as managing director, Sperry Van Ness | RealSite Group will provide sales, leasing and consulting services to improve building marketability and efficiencies for office, retail, industrial and multifamily properties.

“We are pleased to have the additional strength of the Sperry Van Ness network in New York City. Tony has a successful track record of collaborating with Sperry Van Ness advisors across the country to complete transactions and will continue to leverage our network of affiliates to increase deal activity in the region,” said Kevin Maggiacomo, chief executive officer and president of Sperry Van Ness International.

With more than 15 years of corporate and real estate experience, Casalena has worked with regional and national organizations, principals, tenants and investors in all aspects of acquisitions, dispositions and leasing. Casalena advises clients on sound investment opportunities within and outside their local markets providing market analysis, financial comparative analysis, sale-leaseback and leasehold valuations. He also works with building owner clients to increase net operating incomes through sustainability consulting services.

“Our decision to open an office in New York was due to our growing number of New York-based clients. With an office in New York City, we are better positioned to service their growing needs as well as the needs of international buyers looking for opportunities to invest in the City. We also see this as a great opportunity to help New York’s building owners and property managers increase building efficiencies (www.SVNgreen) through sustainable business practices,” said Casalena.

Casalena went on to say that the New York operation will focus on leveraging the affiliation of Sperry Van Ness advisors across the country to effectively manage their clients’ growing appetites for New York real estate.

Prior to joining Sperry Van Ness, Casalena served as vice president of brokerage sales for Coldwell Banker Commercial NRT. Previously, he worked for companies including Hewlett Packard, Cisco Systems and several venture capital funded startups. His responsibilities have included senior executive roles in worldwide sales and field operations with experience in site selection approval, transaction structuring, lease term negotiations and the evaluation of acquisitions involving multinational office locations.

About Sperry Van Ness

Sperry Van Ness was founded in 1987 with the mission of creating unprecedented value for commercial real estate advisors and their clients. Today, Sperry Van Ness International and its affiliates have more than 700 advisors in over 145 markets. The Sperry Van Ness brand was recently recognized as a “Top 10 Brand in Commercial Real Estate” by the annual Lipsey Company survey and earned two Realcomm “Digie” awards for the innovative use of technology. Sperry Van Ness affiliates deliver results for clients through what we believe is a proven business model that immediately markets every one of its clients’ properties to the entire brokerage community as well as its own investor database. With headquarters in Irvine, Calif., the franchise network provides 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.

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Megan Morales
Sperry Van Ness
714.273.2472
megan.morales (at) svn (dot) com