GlobeSt.com reported in July that Stiles launched its third-party services arm and secured five shopping centers around the state totaling at least 400,000 square feet that are owned by Prudential Real Estate Advisors. The new division was developed in response to current difficult market conditions.

"We're seeing more institutions, investors and independent owners who look to partner with a single source that understands all aspects of running a successful building," says David Siegel, president of Stiles Asset Services. "To them, outsourcing is efficient only if they can find everything from marketing and lease negotiation to space planning, tenant buildout and first-tier property management."

In addition to having experience representing owners of more than five million square feet of commercial properties, Stiles can also offer clients its insight as developer and owner of some of Florida's most prominent projects, Siegel says. "Knowing how construction, marketing and management decisions interact and impact an owner's profitability is crucial, whether we are negotiating lease clauses or responding to tenants' needs," he says.