MIAMI-Brian J. Smith had been a director and a top producer with Alliance Commercial Real Estate Group Inc. here. In his new post, he is a director of industrial brokerage, teaming up with Wayne D. Ramoski.

SAN FRANCISCO-Despite continued demand for class A view space in the CBD, overall CBD vacancy hit 20% during the first quarter and annualized full-service rates in the CBD declined 3.8% to $30.60 per sf, according to the latest report from Cushman & Wakefield.

FAIRBORN, OHIO-Wright Executive Center Partners sells its 72.6% interest in the eight-building, 480,400-sf development to an affiliate of Munsell Realty Advisors, a Cleveland-based real estate investment firm. The minority interest is held by Dayton-based Miller-Valentine Group, the original developer.

FEDERAL WAY, WA-According to the company that lent Steadfast Commercial Properties the funds to acquire and upgrade the neglected 736,000-sf shopping mall, $9.5 million will be invested in its renovation.