Tower Commercial Expands South Florida Team, Names Veteran Broker Senior Managing Director

Written by on October 29, 2018 in News - No comments

Stephen Smith, formerly vice president of the Hogan Group, has joined Tower Commercial Real Estate as Senior Managing Director serving the fast-growing commercial real estate brokerage’s clients in the Miami-Dade and Broward County markets.

Jon Blunk, Tower-CRE president, said, “With the projected growth of these markets, it’s timely to expand Tower-CRE’s team. Steve adds tremendous value for our clients, bringing insight into this region’s dynamics and deep real estate and investment expertise honed in working with leading institutional investors and trophy assets.”

Smith draws on 28 years of experience in leasing and marketing new development in Waterford at Blue Lagoon, a 250-acre office park adjacent to Miami International Airport.  During his tenure, the Hogan Group developed, leased and managed over 2.7 million square feet of multi-tenant and build-to-suit office buildings for Waterford’s joint venture owners, an affiliate of TIAA and Allianz Real Estate of America. Last year alone, Hogan’s team leased nearly 448 million square feet, and Smith was responsible for one of South Florida’s largest office transactions in recent years, a 150,000-square-foot build to suit lease for a major multinational corporation.

Earlier, Smith served as a Vice President at Carey, Kramer, Silvester Associates, loan correspondents for major insurance companies, and was a senior investment analyst for TIAA-CREF in New York, responsible for commercial mortgage investments in the Southeastern U.S.

A resident of Weston, Smith is a graduate of Hobart College and attended the Stern School of Business at New York University. He is a board member of NAIOP’s South Florida Chapter and is active in the Beacon Council and Greater Miami Chamber of Commerce. A community leader, Smith is currently Chairman of the Board of Trustees of the Southern Florida Chapter of the Leukemia and Lymphoma Society and is past Chair and currently serves on the Volunteer Leadership Council of the Miami-Dade Unit of the American Cancer Society.

“I’m excited to join the Tower Team and to help grow their Landlord Agency business. What Tower has achieved in three years since opening is remarkable. I look forward to leveraging my experience for Tower and its clients,” Smith said.

Blunk noted that Smith is the latest high-profile executive to join Tower-CRE as the boutique firm strengthens its presence throughout the Tri-county area. Most recently, Tower-CRE added a tenant representation group, expanded its Fort Lauderdale office, and added a research analyst.

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