Blanca Commercial Real Estate Hires Executive Vice President
- May 16, 2016
Miami–With an increasing demand for investment sales services, Blanca Commercial Real Estate (BCRE) responds with the announcement of noted real estate executive Cary Cohen, as he joins the firm as executive vice president. Cohen will be tasked to oversee the continued expansion of the firm’s investment sales practice group.
Cohen brings 15 years of experience, leading the disposition of more than 10 million square feet of property throughout his career. Prior to joining Blanca Commercial Real Estate, Cohen led the Florida operations for the Asset Solutions Group of Flagler Real Estate Services, where his main focus was the disposition of commercial real estate.
The key hire comes as a result of high commercial real estate investment activity in Miami and South Florida, especially from out-of-state investors. New York firms have spent approximately $586 million in one square mile of downtown Miami in the past two years, about 56 percent of the total investment recorded in this area. BCRE is representing one of the investors, the New York private equity firm Brickman, after its recent acquisition of the downtown landmark Courthouse Tower.
“As we continue to meet increasing demand for first-class client service and deep market intelligence across a range of commercial real estate services as the sector evolves in Miami and South Florida, we are very pleased to welcome Cary, a respected thought leader and well-known industry heavyweight, to the team,” said Tere Blanca, president, CEO & founder of Blanca Commercial Real Estate.
Cohen takes an active role in key organizations, being a founding member of the Young Professionals benefiting Easter Seals, a graduate of the 2013 Leadership Miami class, and a member of the steering committee for P.A.T.C.H.E.S., a charity benefitting children with complex medical issues, and also serving the Salvation Army and Miami Rescue Mission. Cohen holds a BA Degree in Government and International Relations from Clark University.
“With his experience and connections, we are confident that our investment sales practice group will continue to thrive and grow, offering clients the unsurpassed service and data-driven strategic direction on which we’ve built our reputation,” added Tere Blanca.
Established in 2009, Blanca Commercial Real Estate is a leading independently owned commercial real estate brokerage firm in South Florida, providing brokerage and advisory services to owners and users of commercial real estate. Practice areas include landlord representation, tenant representation, build-to-suit advisory services, and land/investment property acquisition and disposition.