Hector Catano and Frank Trelles, former executive vice president and vice president of WestVest Associates respectively, are teaming up to launch Cornerstone International Realty (CIR) of Doral. `
The pair combines over 20 years of commercial real estate experience and more than $500 million in closed transactions.
“The last two years have seen our market quickly rebound,” said Catano. “Vacancy rates are at a five-year low and the purchasing market is also improving. We felt that the timing was right to make this move.”
CIR, a brokerage and advisory firm representing property owners, investors and tenants in South Florida, will also add development, financing and property management divisions to provide a full spectrum of services.
“Our focus is to provide the highest level of service to our clients,” said Trelles. “By adding these services our clients will benefit greatly by having all these services under one umbrella and simplify the transaction process.”
While CIR’s Miami headquarters will be in Doral, the company plans to establish offices in Venezuela, Colombia and Brazil.