April 22, 2016
Signaling a growing client demand for investment sales services, Blanca Commercial Real Estate today announced that noted real estate executive Cary Cohen has joined the firm as executive vice president. Cohen will oversee the continued expansion of the firm’s investment sales practice group.
Cohen draws on 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 he focused on the disposition of commercial real estate.
The key hire comes amid a flurry of commercial real estate investment activity in Miami and South Florida, especially from out-of- state investors; in fact, New York firms alone have spent $586M in one square mile of downtown Miami in the past two years, about 56% of the total investment in this area. BCRE is representing one such investor, 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 and founder of Blanca Commercial Real Estate. “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.”
Sharing the firm’s commitment to community service, Cohen takes an active role in key organizations working toward a greater good. He is 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. He also serves the Salvation Army and Miami Rescue Mission.
Cohen received a bachelor’s degree in Government and International Relations from Clark University, where he graduated magna cum laude.
About Blanca Commercial Real Estate :Blanca Commercial Real Estate, the leading independently owned commercial real estate brokerage firm in South Florida, provides a complete range of brokerage and advisory services to owners and users of commercial real estate. Established in 2009, the firm is noted for delivering distinct client value through a unique methodology, data-driven insight, vast network and deep community roots. Practice areas include landlord representation, tenant representation, build-to- suit advisory services, and land/investment property acquisition and disposition. For more information, visit www.blancacre.com