Friday, June 24, 2011

First Green Bank Chairman Honored by Lake County

EUSTIS, Fla. – Kenneth E. LaRoe, chairman and chief executive officer of Lake County based First Green Bank, which has locations in Clermont and Eustis and plans to open a 12,000 square foot headquarters facility in Mount Dora in mid-summer, was recently honored by the Lake County Board of County Commissioners for his community service.

LaRoe, who has served on the Lake County Public Land Acquisition Advisory Council since 2006, was presented with the award in recognition of his “many dedicated hours of service volunteered to Lake County and its citizens.”

First Green Bank is one of the first banks of its kind to focus on positive environmental and social responsibility while operating as a traditional commercial bank.

The new First Green Bank facility on U.S. 441 was designed and built to achieve LEED platinum certification from the U.S. Green Building Council.

“I am very honored by the recognition from the Board of County Commissioners,” LaRoe said. “Part of our mission is to do the right thing for our community and to demonstrate the highest standards of corporate citizenship,” LaRoe said.

“That’s a positive value we encourage in every one of our colleagues, partners and co-workers at First Green Bank and it is carried through in our customer service, our wide range of personal and business banking services, and even our facilities. Our mission also entails doing the right thing for the environment, our people, and our shareholders,” he said.

Cuhaci & Peterson Architects Starts Design Work for Remodeling of a Kangaroo Express in S. Carolina

ORLANDO, Fla. – Cuhaci & Peterson Architects, LLC based in Orlando’s Baldwin Park, recently completed design work for the remodeling of a Kangaroo Express convenience store located at 101 S. Main St. in Clover, S.C.

Jed Downs, president of Cuhaci & Peterson Architects, said the store has a floor area of approximately 2,300 square feet.

The Pantry, awarded the design contract.

Lennar’s Central Florida Division opening new community of Panther Trace in Riverview, presales underway

TAMPA, Fla. --- Lennar’s Central Florida Division will open its newest community in the Tampa Bay region in Riverview off U.S. 301 with 86 single family home sites.

Mark Metheny, president of Lennar’s Central Florida Division, said Lennar homes at Panther Trace will range from 2,000 square feet to 3,800 square feet. Homes will be priced in the mid-$100s, Metheny said.

The first model is now under construction and will be available for viewing later this summer, Metheny said.

For more information, visit www.Lennar.com or call 888-317-7489.

NAI Realvest Negotiates 4.65 Acre Land Sale for development of 60,000 square foot headquarters building in Oviedo

ORLANDO, Fla. -- NAI Realvest recently negotiated the sale of a 4.65 acre parcel of land on S. Econ Circle in Oviedo for $789,790.56 that will be home to a new headquarters building for Nutrex, Inc., a nutritional food and supplements maker.

Paul P. Partyka, managing partner at NAI Realvest, who represented the seller, M&O LP of Oviedo, said the property was purchased by TSO Enterprises LLC of Chuluota, Fla. Nutrex will start construction of its new 60,000 square foot headquarters building on the site this summer.

About NAI Realvest
NAI Realvest, serviing all of central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 350 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.

Black Tie Real Estate & Investments adds Veteran Real Estate Specialist to its Growing Sales Staff

Lady Lake, Fla. – Black Tie Real Estate & Investments – a member of the University of Central Florida’s Business Incubation Program in Leesburg, recently hired Realtor Jane Paquin as a real estate consultant for The Villages.

Paquin, who has lived in the tri-county area since 1967, has been involved in real estate for 30 years (+/-). She has 18 years of experience with The Villages, 12 of which were working for the developer.

For the past six years, Paquin has been involved in general real estate, focusing on resales, according to Mark Dyer, president of Black Tie Real Estate.

“With her years of experience and vast knowledge of the area, Jane is a welcomed asset to our staff,” he said.

Paquin currently serves on the Committee for Education for the Tri-County Area Board of Realtors, and formerly served on the board’s Committee for Compliance/Complaints.

For more information about Black Tie Real Estate visit blacktierealestate.com or call 352-751-7888.

About the UCF Business Incubation Program
Since its founding in 1999, the UCF Business Incubation Program has helped more than 160 emerging companies (including more than 100 current clients) create over $800 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With nine facilities across the Greater Orlando community, the Business Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, Osceola County, the City of Kissimmee, City of St. Cloud, Volusia County and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.

Cloudy Commercial Real Estate Market Starting to Show Silver Lining, More Investors Seeking Deals, Says Real Estate Expert Rachel Wein of WeinPlus

ST. PETERSBURG, Fla. --- Commercial real estate — typically a lagging indicator of economic vitality — is starting to show signs of recovery, says one expert.

Rachel Elias Wein, AIA, founder and principal of WeinPlus Real Estate Advisory Services in St. Petersburg, recently returned from the International Council of Shopping Centers’ annual Re-Con Convention, which drew an estimated 30,000 real estate brokers, developers and retailers to Las Vegas.

Billed as the nation’s annual gathering of commercial real estate dealmakers, Re-Con was just that, Wein said.

“I’ve never seen so many principals and top executives looking for deals,” Wein said.

“Development deals, anchor tenant deals, power broker deals, retailers shopping market demographics, and the bread and butter of retailers, it was very encouraging,” Wein said.

Wein said commercial real estate developers and retailers are showing signs of improved confidence that improved economic conditions are eminent.

“I think the industry is seeing pent up demand from all sides,” Wein said. “The convention was an energetic, exhausting and entirely optimistic experience,” she said.

Pinellas County Laboratory Selected to Participate in State’s GrowFL Economic Gardening Program

OLDSMAR, Fla. – COLTS Laboratories, a Pinellas County company that performs lens tests for the ophthalmic lens industry, has been selected to participate in the state-funded GrowFL program.

Part of the Florida Economic Gardening Institute, GrowFL was created in 2009 by the Florida Legislature and is based at the University of Central Florida in Orlando.

The program uses strategies such as referral services, CEO peer roundtables and forums to support Florida-based businesses that have reached second-stage status, according to Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute.

“When selecting businesses the institute looks for ones that have the potential to be successful,” said O’Neal, who also is associate vice president for the University of Central Florida’s Office of Research and Commercialization.

Founded in 1997 by President John Young, COLTS Laboratories now has a staff of 16 employees.

“We are very proud to be affiliated with GrowFL and to be recognized and listed as a growth company,” Young said.

In addition to testing and certifying lens products – including goggles, face shields and welding helmets – COLTS Laboratories also has expanded into the testing and certification of head protection, and builds and sells proprietary abrasion equipment to buyers in 39 countries.

COLTS is accredited by the American Association for Laboratory Accreditation for world-wide accreditation, and also is certified by the Safety Equipment Institute.

The company will receive technical assistance from GrowFL through a number of free services, including access to market research and technology, strategy analysis, CEO roundtables and forums, database research and website optimization.

About COLTS Laboratories:
COLTS Laboratories performs ophthalmic lens tests for the ophthalmic lens industry and certifies lens products used by manufacturers and retailers such as LensCrafters. For more information, visit www.colts-laboratories.com.

About the Florida Economic Gardening Institute:
The Florida Economic Gardening Institute was created by the 2009 Florida Legislature as the Economic Gardening Technical Assistance Program to stimulate investment in Florida’s economy by providing technical assistance for expanding businesses in the state. Qualified companies must be engaged in the following sectors to receive no-cost technical assistance: Manufacturing; Finance & Insurance Services; Wholesale Trade; Information Industries; Professional, Scientific & Technical Services; Management Services; and, Administrative & Support Services. Additional information is available at www.GrowFL.com.

Stirling Sotheby’s International Realty Launches Global Marketing Effort for Two Luxury Homes at Solivita near Walt Disney World

ORLANDO, Fla. --- Stirling Sotheby’s International Realty launched a global marketing effort for two luxury residences at Solivita, the exclusive gated luxury community for active adults minutes from Walt Disney World in.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said both luxury homes are priced to sell.

Stirling Sotheby’s International Realty International Luxury Home Specialist Erin Wanner has listed a home — the Julliard model — at 123 Windsong St. in Solivita priced at $231,900. The three-bedroom, three-bath luxury home offers a new tile roof and an extended screened lanai.

Stirling Sotheby’s trusted real estate advisor Lynn Edwards has listed a Tuscan-styled luxury home at 211 San Vincente Lane in Solivita, priced at $465,000.

The luxury home features three bedroom suites with a separate guest house and bath, a gourmet kitchen, fountained courtyard, and an enclosed solar-heated swimming pool and spa.

Solivita features two golf courses, along with heated indoor and outdoor swimming pools and community clubhouse that includes the Starlight Ballroom and tennis courts.

“Solivita ranks as one of the most exclusive active adult communities in the Central Florida area,” Soderstrom said. “It was designed and built to world class standards.”

“The location is a magnet for visits from the grandkids too,” he said. Minutes from Disney World, Solavita is just south of Orlando within the Reunion Resort community in Kissimmee. “These luxury homes are great opportunities for international buyers interested in getting a great deal on a Central Florida home.”

Soderstrom noted that Kissimmee and Orlando were recently rated as two of the top 10 Florida cities out of 24 that non-Americans categorize as ‘American Hotspots’ according to an article published recently in Trulia Insights, which focuses on house hunting trends around the globe.

For more information about the home on Windsong Street, visit http://www.stirlingsir.com/eflyers/agents/ewanner/ew2.html

For more information about the home on San Vincente Lane, visit http://www.stirlingsir.com/eflyers/agents/ledwards/le.html

About Stirling Sotheby’s International Realty:
Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.