Sperry Van Ness Launches Research Department -- Names Tom Hershey as National Director of Research.

IRVINE, Calif. -- Sperry Van Ness, one of the nation's largest commercial real estate investment brokerage firms, has launched the Sperry Van Ness Research Group, naming Tom Hershey as National Director of Research. Hershey will be responsible for research, product development, and market forecasting and reporting.

"Tom has tremendous insight and knowledge of commercial real estate markets across the country, which makes him a great addition to Sperry Van Ness," said David Frosh, President of Sperry Van Ness. "With his level of industry experience, we are confident that his organization will be an invaluable asset for our clients."

With over 12 years of commercial real estate experience, Hershey previously served as senior research analyst with Marcus & Millichap.

Founded in 1987, Sperry Van Ness is one of the largest commercial real estate investment brokerage firms in the United States and has expanded its national presence into 50 new markets in the past three years. Sperry Van Ness provides advisory, brokerage, consultation, asset management, property management, leasing, financial, accelerated marketing and auction services. To provide the highest value to its clients, Sperry Van Ness is the only national firm that implements a broker marketing plan in addition to its investor marketing plan for all listings. Guided by this principal of cooperation, Sperry Van Ness, based in Irvine, Calif., has advised clients on billions of dollars in multifamily, retail, industrial, office, hospitality and land transactions. For more information, please visit www.svn.com.