MIAMI—I moderated CREW-Miami's luxury retail panel discussion on Wednesday afternoon, questioning three leading voices in Miami's real estate scene. On the panel were Greg Masin, senior director of Cushman & Wakefield's Miami brokerage; Matthew Whitman Lazenby, president and CEO of the Whiteman Family Development; and Beth Azor, owner of Azor Advisory Services.

The room was packed out with South Floridians who wanted to know what Masin, Lazenby, and Azor know about the local scene. When I asked them about surprising trends in Miami retail, all three had a unique perspective.

Masin, for example, pointed to urbanization. He noted we live between an ocean and a swamp—and we've built out as far as we can.

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