Tower Commercial Real Estate senior managing director Scott Allen and senior director Rob Foster are leading the new cannabis division. Tower Commercial Real Estate seniormanaging director Scott Allen and senior director Rob Foster areleading the new cannabis division.

MIAMI—Prompted by strong cannabis-related retail and industrialdeals in Florida, locally-based commercial brokerage firm TowerCommercial Real Estate has formed a new cannabis division withinits tenant representation platform.

Tower CRE states that the launch of the new division wasprompted by closing $50 million in cannabis-related retail andindustrial transactions in the last 18 months with an additional$15 million in the pipeline that are expected to close by the endof this year.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.