MIAMI—South Florida's retail market is booming louder all the time—and one of the region's largest commercial real estate firms just keeps growing its property management portfolio. That firm is CREC.

CREC is snapping up lifestyle retail assignments in some of South Florida's hottest submarkets. The firm has picked up 11 new retail assignments totaling over 1 million square feet in recent months, including properties in Mary Brickell Village in Miami's Brickell Financial District.

"This is an exciting time for the retail market in South Florida as national and international brands are broadening their presence here and new mixed-use developments, such as the Design District, Brickell City Centre and Miami Worldcenter, will add significant luxury retail," CREC president and cofounder Carol Brooks. "We are also seeing suburban retail centers invest in capital improvements and enhance their tenant mix to deliver a lifestyle focused experience to shoppers. As we head into 2016, the future is bright for South Florida's retail market."