FEBRUARY, DAYTONA BEACH, FL – Sperry Van Ness is pleased to announce the sale of 700 N Atlantic Ave in Daytona Beach, FL. The Limited Service Hotel property sold for $2,380,000. Chris Davis, Advisor for Sperry Van Ness | Investec Services was the Broker.

The 82 unit ocean front hotel with a pool overlooking the beach was sold to a firm in Jacksonville, FL. The new owners are fully renovating the entire property and plan on opening by Spring 2013. The property is in a great location on Daytona Beach and will become a top notch Limited Service Facility.

In addition to being an Advisor for Sperry Van Ness | Investec Services in Jacksonville, FL, Chris Davis also serves as an Advisor for Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD. Davis specializes in self storage facilities, hospitality, and industrial properties in Maryland and Northeast Florida, and has developed or brokered over $150 million in volume over his career. For more information on properties in Maryland or Florida, contact Chris Davis at 410-543-2440.


SVN-MILLER COMMERCIAL REAL ESTATE

SVN - Miller Commercial Real Estate, with offices in Salisbury, MD, Bethesda, MD, Easton, MD, and Seaford, DE is a financial services firm specializing in commercial real estate. We provide advisory, brokerage, consultation, leasing and asset and property management services to clients in the Mid-Atlantic Region. We combine a comprehensive national footprint with local decision making, expertise and market-leading execution. We maintain an unequivocal commitment to our clients and community (#SVNgivesback).

SVN - Miller is an Accredited Management Organization® (AMO). Our team of dedicated professionals with market-leading knowledge includes a highly-trained staff of Certified Property Managers® (CPM®), Brokers who hold the prestigious Certified Commercial Investment Member (CCIM) designation, and members of the Society of Industrial and Office Realtors (SIOR).