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November 6, 2003

Sperry Van Ness

Olsen
Olsen
The Orange County, Calif., brokerage of Sperry Van Ness has signed an affiliation with Bellevue-based commercial broker Norman Olsen, who becomes the first Sperry Van Ness broker in the Puget Sound region.

Olsen began his brokering career in 1979. His specialty is retail and light industrial properties. He has worked since 1989 as an associate broker at Bellevue-based Regency Group. He most recently represented the seller of the Olympic Medical Building in Bellevue, which sold for $2.6 million.

Olsen's affiliation with Sperry Van Ness will likely start in December, and even then he will continue operating out of Regency's offices but as a Sperry Van Ness broker, he said. The bulk of Sperry Van Ness deals have been apartment sales, but its brokers do handle other transactions.

Sperry Van Ness officials say signing Olsen is part of an expansion into various new markets. The company expects to grow from nine to 70 regions over two years. Olsen said Sperry Van Ness expects to sign up other brokers here.




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