MIAMI—Jeremy S. Larkin and Edward L. Schmidt, who have held those titles until now, were promoted to the newly created roles of co-chairmen, board members and constitute the company's executive committee. After driving business to NAI Miami for decades, the duo will focus on revenue production and strategic growth initiatives.

“Our industry is changing rapidly,” says Nostrand. “We are going to stay at its forefront to deliver the best results to our clients and the best place to work for our brokers and employees.”

Nostrand has over 35 years of experience in commercial real estate operations, leasing, sales, management, development and finance. He is the third generation in his family specializing in the industry.