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Louis Grasso joins Sperry Van Ness International Corp. as Product Council Chair for Marinas

IRVINE, Calif., Oct. 3, 2012 /PRNewswire/ -- Sperry Van Ness International Corporation, a commercial real estate brokerage franchisor, is proud to announce that Louis Grasso has been named Product Council Chair for its new marina division. This partnership will make the Sperry Van Ness® organization the only national commercial real estate brokerage with a team focused on marinas.

For the last 15 years, Grasso has served as president of The Marina Specialists, a company that has been highly successful in evaluating and selling marinas around the United States. Grasso will help the Sperry Van Ness ® organization establish itself as a specialist in this unique property category, with a proprietary formula for assessing the value and appeal of marina listings, and a broad network of broker and buyer contacts.

"We are thrilled to add one of the nation's foremost marina specialists to our growing list of Sperry Van Ness Advisors," said Kevin Maggiacomo, president and CEO of Sperry Van Ness International Corp. "We have a diverse national platform and marinas are a nice complement to the rest of our services."

Grasso's work in both real estate and finance has spanned more than four decades. He previously served as marketing director for a mid-Atlantic division of Sperry Van Ness International Corp. Under his direction, the region was in the top five percent of the company at that time.

"Rejoining Sperry Van Ness ® is an exciting opportunity," said Grasso. "With this new addition, Sperry Van Ness is the only commercial real estate firm with the quality or the caliber of tools available to brokers and it is uniquely qualified to provide exceptional services to marina owners."

Mr. Grasso is actively involved in local government in Charles County, Md. He currently serves on the Charles County Planning Commission, and prior to that, was Chairman of the County's Economic Development Commission.

About Sperry Van Ness International Corporation
Sperry Van Ness International Corporation, a commercial real estate brokerage franchisor, is one of commercial real estate's most recognizable brands, based on the annual Lipsey Survey. The Sperry Van Ness® organization includes more than 175 locations in 36 states. With headquarters in Irvine, Calif., Sperry Van Ness commercial real estate advisors provide brokerage, tenant representation, consultation, asset management, property management, leasing, accelerated marketing and auction services. Sperry Van Ness advisors represent clients in office, multifamily, retail, industrial, self-storage, hospitality, marina and land transactions. All Sperry Van Ness offices are independently owned and operated. For more information, go to www.svn.com.

SOURCE Sperry Van Ness International Corporation