Entrepreneur Magazine singles out University of Central Florida’s Business Incubator Program as one of nation’s best

ORLANDO, Fla. --- The University of Central Florida’s Business Incubator Program got a big surprise in the current issue of Entrepreneur Magazine---a starring role as one of America’s “Best Under the Radar Business Incubators.” The magazine feature picked four U.S. incubator programs out of more than 1,250 “for their ability to stand out in states that aren't always regarded as small business friendly,” according to the article. “While Disney's Epcot Theme Park may be an experimental prototype for future technology, University of Central Florida's network of nine incubators spread around Orlando is the real deal,” the article touts. Gordon Hogan, director of the UCF Business Incubation Program, said the article came as a complete surprise. “For people who focus on business and technology startups, Entrepreneur is a combination Fortune, Forbes and Wall Street Journal,” Hogan said. “All of us are thrilled to see the feature story and hope more Americans will understand why we approach what we are trying to accomplish here with such zeal and commitment,” he said. The UCF Business Incubation Program has helped create 1,500 new jobs and generate revenues in excess of $60 million between 2009 and 2011, according to Entrepreneur. To read the article online, visit www.Entrepreneur.com

NAI Realvest negotiates $3.05 Million acquisition of 14-Acre Maguire Rd. site in Ocoee – Development of 242-unit apartment community underway, with retail outparcel

MAITLAND, Fla. – NAI Realvest recently closed the $3,049,391 sale of a 14-acre bank-owned property at 1650 Maguire Rd near the Florida Turnpike in Ocoee. NAI Realvest principals, Matt Cichocki and Kevin O’Connor, along with senior associate Jack W. Lynch, negotiated the transaction representing the buyer, Skorman Development Corp. The seller was Miami-based PNP Parabis VPG Lake Butler, LLC. Buyer has received approval for the development of a 242-unit garden-style apartment community with a two-acre commercial outparcel on the property. Permitting of the apartments is already underway and delivery is expected in approximately 18 months.

NAI Realvest negotiates new lease for 4,160 square feet of industrial space in Orlando

ORLANDO, Fla. – NAI Realvest recently negotiated a lease agreement for 4,160 square feet of industrial space at 8350 Parkline Blvd. off Orange Avenue and McCoy Road in South Orlando. Michael Heidrich, a principal at NAI Realvest, negotiated the transaction on behalf of the landlord Parkline Properties, LLC of Columbus, Ohio. The new local tenant Unilumin LED Technology FL, LLC was represented in the lease agreement by Nick Sands of Pizzuti Management.

NAI Realvest Negotiates Sale of 1.48 Acre Retail Lot in Oviedo for $650,000

ORLANDO, Fla. – NAI Realvest recently negotiated the $650,000 sale of 1.48 acres, the former site of Oviedo Auto Sales, at 139 N. Central Ave. in Oviedo. George Viele, associate at NAI Realvest, brokered the transaction representing the sellers, John Grago, Jr. and Lalon Grago of Winter Springs. The buyer is Townhouse Restaurant of Oviedo.