Miller-Valentine Group and Gem Real Estate Group are combining their property management, brokerage and leasing services groups in a move that, according to the companies, will create the Dayton region’s largest commercial real estate company.

Miller-Valentine Group’s construction, development and residential businesses and Gem Real Estate’s Advisory Services business will not be affected by this transaction, the companies said.

“This is a terrific day for our two companies,” Ed Blake, senior partner of Miller-Valentine Group, said. “Our clients will reap the benefits of being able to draw on more resources and more expertise for their leasing, brokerage and property management objectives by combining two top-notch veteran providers.”

Dave Dickerson, president, CEO of Gem Real Estate Group said, “Miller-Valentine Group is a respected, innovative leader in our industry; this will be a great new collaboration for me and all of the Gem Associates.”

Dickerson will serve as President, Real Estate Services overseeing property management, brokerage and leasing services for the Miller-Valentine Group portfolio of approximately 7 million square feet of office and industrial space. Dickerson will also continue to serve as president of the Gem Real Estate Group overseeing all consulting and appraisal services.