MIAMI—The firm was voted “Best Commercial Real Estate Brokerage Firm” in Miami, but it's not resting on its laurels. Coldwell Banker Commercial (CBC) Alliance just hired Glenn H. Gregory as an executive managing director of its Miami office.
Gregory will focus on evaluating, developing, and executing commercial real estate strategies for office space owners, investors, and occupiers. He will also co-chair the CBC Alliance Office Practice Group and serve on the Miami office's advisory board. Gregory will work to establish the firm's local corporate infrastructure and grow its presence in South Florida.
“Over the past three decades, he has built an impressive career with a reputation for the highest level of professionalism and expertise,” says Jim McCoy, CBC's managing principal for the Miami office. “Glenn's personal character as much his professional competency has enabled him to grow an impressive roster of clients and business.”
Before joining CBC, Gregory was an executive vice president in JLL's Miami. He specialized in tenant representation and agency leasing, co-chaired the Miami Office Leadership Team, and was a member of the firm's national law-firm practice group. During his JLL tenure. Gregory was recognized as a top producer in 2011, 2012, and 2013.
“Glenn brings a diverse and creative full-service background to CBC Alliance,” say CBC CEO Obie Walli. “During his tenure as a commercial real estate professional in Miami, he has successfully developed significant relations in both office tenant and landlord representation.”
Gregory has a track record for achieving premium rents and occupancy for premier class A properties in Miami's Central Business District. His agency leasing assignments have included: Southeast Financial Center; Brickell World Plaza (600 Brickell); 801 Brickell, Brickell Bay Office Tower; and 1221 Brickell. Key tenant representation transactions in the past 24-months included HSBC Bank USA, Deutsche Bank, Barclays PLC, and Credit Agricole Private Bank Miami.
As far as his perspective on the local office scene, Gregory tells GlobeSt.com the leverage within the Miami CBD continues to favor landlords because there is a limited number of large blocks of office space that can accommodate 50,000-plus square feet of contiguous space. He expect a continuation of incremental pricing increases and compressed concessions due to tight market conditions.”
“From the occupier side, the design and desire of corporations has consistently been to operate in a smaller footprint with a focus on creating more efficient open and collaborative space, often with private offices at the core with emphasis on natural light,” Gregory says. “More than ever, tenants see the building as an extension of their brand and identity.”
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