Contact:
Susie Glass
t. 305.571.9991
sglass@metro1properties.com
FOR IMMEDIATE RELEASE
February 16, 2009
Commercial Real Estate News
Francis Clougherty joins Metro 1 Properties
Miami, FL – Metro 1 Properties, Inc. welcomes Francis Clougherty as the Senior Vice President of Investment Properties. Mr. Clougherty has nearly 20 years of active Miami commercial real estate experience, starting with Dacra Realty and Development, where he remained for over ten years leaving the company as president and broker of record for its realty division. From Dacra he opened his own brokerage, Lincoln Road Land Company for two and a half years before transitioning to Majestic Properties where he was a Top Producer for over seven years. During his tenure in commercial real estate in Miami, Clougherty focused on the Biscayne Corridor and South Beach closing over 100,000 sf of retail sales on the renowned Lincoln Road. Clougherty most notably brokered the sale of the W South Beach hotel/condominium site for $77M, which won awards from the South Florida Business Journal’s Real Estate Deal of the Year competition. Other notable transactions include the Coppertone Building at 7300 Biscayne Boulevard, the Nash Hotel and the Bays Inn Hotel to name a few. Despite turmoil in the Miami commercial real estate market, Clougherty closed over $25 million in sales transactions in 2008.
Based in Miami, Metro 1 Properties Inc. is a boutique commercial real estate brokerage firm dedicated to providing a superior level of advisory and transaction services for clients conducting business throughout the world. Metro 1 Properties offers clients the services of a vertically-integrated, full service brokerage with a unique twist: the power of an advertising firm as well. Our services include commercial sales and leasing, landlord and tenant representation, sustainability services, M1 debt and equity finance and M1 marketing. Our focus is to build sustainable communities and effect the redevelopment of the urban core through strategic alliances with private investors, developers, landlords, retailers, tenants and governmental entities and to promote services that are sustainable, always advocating for smart growth. Metro 1 Properties is a member of the USGBC, Greater Miami Chamber of Commerce, ULI, CCIM, ICSC, CIASF, RAMB, and RCA. For more information on Metro 1 Properties please visit www.metro1properties.com or call the Metro 1 Properties office at 305.571.9991.
