MIAMI—2008, when some commercial real estate pundits were predicting office buildings and condos would sit dark for a decade, almost seems like a distant memory. At the same time, though, some are now concerned again about overbuilding.

Tere Blanca, president and CEO of Blanca Commercial Real Estate, has never been part of the doom and gloom club. She's a realistic, but she's an optimistic realist—and her predictions panned out in the wake of the Great Recession, with Downtown Miami and South Florida rebounding much faster than many across the nation expected.

What is Blanca saying now? What does she predict for 2016 in the region?

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