"Jay's diligence and transaction experience make him one of the most respected professionals in the industry," says Ed Mitchell, managing director of CBRE who oversees the South Florida operations.

Massirman, who has worked for CBRE since 1986, has experience in portfolio sales, institutional sales, land sales, tax-deferred exchanges, tax-exempt bond development deals and structured finance. He has participated in the sale and consulting of more than 150 investment properties valued at close to $1 billion. In addition, Massirman has been the company's leading sales professional in the state for eight years in a row and among the top 50 national producers for the company in 1999, 2001 and 2002.