Codina Realty Grows, Adds Brokers in South Florida

MIAMI-Codina Realty Services Inc. ONCOR International has added four brokers in South Florida–three in Broward County–as the company is growing its presence in the area.

Senior associate Alison Lugo is specializing in office sales and leasing in Miami-Dade County. She was a vice president with CB Richard Ellis previously. Before that, she was a senior commercial associate for Abood & Associates Inc., a commercial real estate company in Coral Gables, FL.

Associate Molly K. McDonough is focusing on office sales and leasing in Broward County. Previously, she was a regional sales manager for Mercury Interactive, a global business technology optimization software solutions provider. Before that, she was a professional business development manager for Sun Microsystems, an industrial-strength hardware, software and services provider.

Associate Joshua B. Lyle is specializing in office sales and leasing in Broward County. Before Lyle joined Codina Realty Services, he was student services program coordinator for the South Carolina Governor’s School for the Arts. There he was responsible for planning, coordinating and counseling students.

Associate Carlo DiGiorgio also is specializing in office sales and leasing in Broward County. Before joining Codina Realty Services, DiGiorgio worked for Coldwell Banker in Boca Raton, FL, as a residential Realtor.

“Our division continues to grow throughout South Florida as we recruit top talent,” states to John Geisen, president of real estate services for Codina Group. “The amount of property that we have under control increased 25%” during 2002, compared with 2001, he adds. Now the company controls 19 million sf of office and industrial space in the tri-county area of Miami-Dade, Broward and Palm Beach counties.

“What we’ve decided to do is take our senior brokers and add new people to work directly with them to leverage the time of the senior brokers and allow them [new people] to get trained in the process,” he says.

Three of the four brokers are in Broward County because “Broward is one of our growth markets,” the county was “uniquely positioned” with senior brokers to be paired up with the new brokers, and “their workload has significantly increased,” Geisen says.

It generally takes two to three years for a junior broker to become “seasoned” enough to handle their own product, he explains. “If we had the opportunity to add seasoned industrial brokers in Broward County, we would do that [also],” he says.

Codina Realty Services has 31 brokers including these four.