Stephen Nostrand aims to make commercial realty Colliers the finest, teaches at UM, guides Miami Parking Authority
With over 35 years of commercial real estate experience, Stephen Nostrand, CEO of Colliers International South Florida, strives to build a team of experienced professionals to distinguish Colliers as the best real estate company in South Florida.
Originally from New York City, Mr. Nostrand is the third generation of his family involved with commercial real estate. He's gone from owning his own boutique real estate investment banking firm, to working at Codina — which later became Flagler Realty Services, to joining Colliers. He first joined the firm about six years ago as an executive vice president and last September was named CEO.
"We're in the service business, and we have four core values in our company," he said. "One is to deliver memorable service. The second is to be experts in the field that we're servicing our client in. The third is to have fun, and the fourth is to be involved in the community."
In addition to his accomplishments in the commercial real estate market, Mr. Nostrand sits on the board of the Miami Parking Authority and the Greater Miami and the Beaches Hotel Association. He is a past chairman of the Greater Miami Convention & Visitors Bureau and teaches in the master's program for real estate development and urbanism at the University of Miami.
"Those three things keep me busy," he said. "My philosophy, like many CEOs, is giving back is important."
With about 90% of the students who graduate from the realty masters program choosing to leave Miami, he said, one of the greatest challenges South Florida faces today is drawing quality talent to the community.
Mr. Nostrand discussed his objectives as Colliers CEO and the state of the commercial real estate market with Miami Today staff writer Patricia Hoyos at his Coral Gables office.
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