UCF Business Incubator to Launch Free “Co-Working Space” Program at Daytona Beach International Airport in July

DAYTONA BEACH, Fla. – The University of Central Florida Business Incubation Program will observe Volusia County Entrepreneur Month by introducing a new “co-working space” program and research library at its Daytona Beach International Airport location. The incubator – a partnership between UCF, Volusia County and the Florida High Tech Corridor Council – is designed to help start-up companies as well as established businesses. The new platform, according to the program’s Daytona Beach Site Manager Connie Bernal√, provides an environment where like-minded professionals can share office and research space to help grow their businesses. “After researching some home-based businesses, we discovered a need for temporary office space so that entrepreneurs can present themselves in a professional environment, attract more clients and have access to relevant research information,” she said. In addition to the two offices that are being used for co-working space, Bernal said the incubator also will designate another office for use as a resource library complete with a controlled catalog of books, free internet access and Wi-Fi, as well as access to online libraries and databases. “We are here to help not only incubator clients, but also the Volusia County business community at large,” she said. “In many cases, having such a space available could be a critical service for growth.”

Lennar to Start Sales in Newest Phase with 24 Single-Family Homes at Heritage Hills in Clermont

CLERMONT, Fla. --- Lennar plans to start sales of 24 new single-family homes in the next phase at Heritage Hills, the homebuilder’s award-winning, gated, active adult community located on Hartwood Marsh Road south of S.R. 50 in Clermont. Mark Metheny, president of Lennar’s Central Florida Division, said the new two, three and four-bedroom homes will range in size from 1,500 square feet of living space to 2,900 square feet with two-car garages. Metheny added that all new homes at Heritage Hills come with Lennar’s “Everything’s Included” pledge: a wide range of appliances, special features and upgrades at the one Lennar price. Heritage Hills features a community center with a 19,000 square foot clubhouse, state-of-the-art fitness center, aerobics studio, along with a swimming pool, tennis courts and a basketball court. Visit www.HeritageHillsLennar.com

NAI Realvest negotiates new lease with Glass Design of Orlando for 6,000 square feet at Fleet Financial Center in Longwood

MAITLAND, Fla. – NAI Realvest recently negotiated a new industrial lease agreement for 6,000 square feet at 747 Fleet Financial Court at the Fleet Financial Center in Longwood. Michael Heidrich, principal at NAI Realvest, brokered the transaction on behalf of the landlord Fleet Financial Center, Inc. The local tenant is Vitralum Glass Solutions, Inc. doing business as Glass Design of Orlando.

NAI Realvest negotiates $1.75 Million Sale of Daytona Beach Industrial Property

MAITLAND, Fla. -- NAI Realvest recently negotiated the sale of a 45,000 ± square foot warehouse-distribution facility on a 5.85 acre site at 1806 Mason Ave. off Bill France Blvd. in Daytona Beach for $1,750,000.00. Chris Butera, investment associate at NAI Realvest, negotiated the transaction representing Seller Lone Star, a Dallas-based private equity fund manager. The Buyer, LRT Ventures, LLC of Valencia, Penn., purchased the property which was built in 2007 with 40,400 square feet of warehouse space and 4,600 square feet of office space. The buyer, a private investor, was represented by Dick McNerney of Adams Cameron.

NAI Realvest Negotiates Two New Industrial Leases at Carter CommerCenter in Winter Garden

Maitland, Fla. – NAI Realvest recently negotiated two lease agreements that total 5,625 square feet of industrial space at 902 Carter Rd., at the Carter CommerCenter in Winter Garden. Michael Heidrich, a principal at NAI Realvest, brokered both transactions on behalf of the landlord Carter Commerce Center, LLC. The aluminum fabrication firm of Logsdon and Associates, Inc. of Windermere leased suites 220 and 230 with 3,750 square feet, and cigar distributor Rena Investments LLC doing business as Low Ball Louies, leased suite 300 with 1,875 square feet at Carter CommerCenter.

NAI Realvest Negotiates Industrial Leases totaling 11,541 square feet at CommerCenters in Sanford, Orlando, Kissimmee

ORLANDO, Fla. – NAI Realvest recently negotiated four industrial lease agreements totaling 11,541 square feet at four CommerCenters located in Sanford, Orlando and Kissimmee. Michael Heidrich, principal at NAI Realvest brokered all four transactions on behalf of the landlords and tenants. At Monroe CommerCenter South, Heidrich negotiated the lease agreement on behalf of Maitland-based landlord COP-Monroe LLC, for 2,000 square feet with new local tenants Luis Martinez and Vanesa Gonzalez with an auto window tinting business at 647 Progress Way. At 6100 Hanging Moss Rd. Landlord COP-Hanging Moss LLC leased 4,000 square feet in Suites 540 and 550 of Hanging Moss CommerCenter to Henry Auad and Fabian Pinilla, local custom fabricators and suppliers of stone countertops. Tenants relocated from a smaller unit of 2,000 square feet in Hanging Moss CommerCenter. Islamic Society of Central Florida, Inc. renewed its lease of two suites with 4,191 square feet in Goldenrod CommerCenter, 1460 and 1476 N. Goldenrod Rd. COP-Goldenrod LLC is the landlord. Affordable Mattress Plus, Inc. leased 1,350 square feet at 1739 Business Center Lane at Poinciana CommerCenter East in Kissimmee. The Maitland based landlord at the facility is developer Small Bay Partners LLC.

Park Square Homes Acquires 50 Home Sites in Reunion Community in South Orlando

ORLANDO, Fla. – Park Square Homes recently acquired 50 home sites at Reunion, the luxury gated, golf course community located on Lake Wilson Road off SR 58 and I-4, south of Orlando near Disney. Anthony Rouhana, sales and marketing coordinator for Park Square Homes, said Park Square’s new homes at Reunion will range from 3,000 square feet of living area to 3,400 square feet and will be priced from the $450s. The homes will offer five and six bedrooms, Rouhana said. At the same time, Rouhana said Park Square Homes has a new model underway at Reunion. The Floridian will offer five bedrooms and five-and-a-half baths with a two-car garage, and will be priced at $459,000. The Floridian model will be completed and ready for viewing in August, Rouhana said. Visit www.parksquarehomes.com

Park Square Homes Appoints Director of Purchasing and Construction Superintendent

ORLANDO, Fla. – Park Square Homes has appointed Randy Jones director of purchasing and Steve Cary construction superintendent. Anthony Rouhana, sales and marketing coordinator for Park Square Homes, said Jones who has more than 20 years of experience in the homebuilding industry will work closely with the construction team on bid agreements, scopes of work, construction documents, all phases of product development. Cary who has over five years of experience in construction will oversee homebuilding activities at Park Square’s communities of Harmony, the Oaks, and Park Square’s newest community, Bellalago.

First Green Bank Reports Big Increase in Loans, Revenues, Assets

MOUNT DORA, Fla. – First Green Bank, headquartered in Mount Dora with branches in Downtown Orlando, Clermont and Ormond Beach, reported its net income from January through May 30 at more than 406,000 or $259,000 ahead of budget. Kenneth E. LaRoe, founder, chairman, and chief executive officer of First Green Bank said loan volume for the same period totaled $180 million or $13 million over projections. The bank’s total assets have also grown faster than projections, LaRoe said. First Green Bank reported its assets total more than $231 million or $10 million over projections. First Green Bank plans to open a fourth branch on S. Orlando Avenue in Winter Park in January. The bank recently acquired the property with a 6,000 square foot retail building. “We are currently rehabbing the building to LEED Gold standards and expect to complete the work in time to open our new Winter Park facility in early 2014,” LaRoe said.

First Green Bank signs on as Participant in United Nations Natural Capital Declaration Program

MOUNT DORA, Fla. --- First Green Bank has joined an august group of international banks and signed on as a participant in the United Nations Natural Capital Declaration Program. Kenneth LaRoe, founder, chairman and chief executive officer of First Green Bank, said the ongoing program will help national governments prepare for climate change. The U.N. is helping to organize experts in banking, insurance, investment and accounting to help gather data and formulate policy to meet the challenges of climate change, LaRoe said. For more information about the United Nation Natural Capital Declaration program, go to www.naturalcapitaldeclaration.org. First Green Bank ranks as one of the nation’s greenest banks, according to the American Bankers Assn.

First Green Bank signs on as Participant in United Nations Natural Capital Declaration Program

MOUNT DORA, Fla. --- First Green Bank has joined an august group of international banks and signed on as a participant in the United Nations Natural Capital Declaration Program. Kenneth LaRoe, founder, chairman and chief executive officer of First Green Bank, said the ongoing program will help national governments prepare for climate change. The U.N. is helping to organize experts in banking, insurance, investment and accounting to help gather data and formulate policy to meet the challenges of climate change, LaRoe said. For more information about the United Nation Natural Capital Declaration program, go to www.naturalcapitaldeclaration.org. First Green Bank ranks as one of the nation’s greenest banks, according to the American Bankers Assn.