MIAMI, FL—Real estate veteran Randy Olen, who until recently served as executive vice president of Colliers International South Florida, has joined CNL Commercial Real Estate here as a principal.

In his new capacity at CNL, Olen will help expand upon the brokerage firm's existing relationships in Miami and grow the company's office, retail and industrial brokerage platform here.

“CNL is building a regional operating platform with an integrated investment and development business. Randy is a perfect example of the type of experienced, seasoned real estate professional that we are attracting—one with not only superb expertise in the markets in which they transact, but one who also possesses the entrepreneurial spirit to do more than just broker deals, but wants to participate in the principal side of the business. We look forward to expanding both our services and our principal sides of the business with Randy,” says Pryse Elam, president of development and investment for CNL Commercial Real Estate.