Lennar to Host G’day Gala at Heritage Isle in Viera with Boomerangs, Billy Tea, Steaks and Chicken On The Barbie

VIERA, Fla. --- Lennar Homes will host the G’Day Gala Australian-themed open house event on Saturday, Feb. 26 at the Welcome Home Center at Heritage Isle in Viera, located at 6611 Ringold St. in Melbourne off Wickham Rd. and Legacy Blvd.

Voted the “Best 55+ Community” by the readers of Florida Today, gated Heritage Isle at Viera features villa homes priced from the high $120s and single-family homes with golf course views priced from the high $100s.

Mark Metheny, president of Lennar’s Central Florida Division, said the event is free and open to the public.

“We are serving up steaks and chicken on the barbie, Billy Tea in a keepsake cup, and giving away a free boomerang to our first 50 guests,” Metheny said.

Nestled on 475 acres adjacent to the Duran Golf Club, award-winning Heritage Isle is home to Brevard's largest Community Clubhouse, a 21,000 square foot facility that features a state-of-the-art fitness center with personal trainers and the Heritage Café, which serves breakfast, lunch and dinner five days a week for Heritage Isle residents and guests.

Heritage Isle in Viera offers a wide range of amenities and activities in addition to village parks, lakes, pedestrian bridges, Metheny added.

Heritage Isle in Viera earned the “2006 Best of Seniors Housing Award”, and Where to Retire magazine recognized Lennar's Heritage Isle community as one of “America's Best 100 Master-planned communities” in 2007.

Visit www.Lennar.com.
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For more information contact: Sara K. Nakamine, Active Adult Marketing Lennar-Heritage Isle, 813-494-6391; David Parker, Director of Sales Lennar-Orlando Region, 888-317-7489; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700

Central Florida Commercial Property Market Will See Little Growth until the disposal of Distressed Properties

ORLANDO - Florida’s commercial real estate industry isn’t going to see much improvement until billions of dollars worth of distressed assets are disposed of, says one distressed properties specialist.

Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida with offices in Orlando, Tampa and Melbourne, spoke at a luncheon recently hosted by the Central Florida chapter of Commercial Real Estate Women (CREW).

“There are billions and billions of dollars worth of assets that constitute bad loans in Florida, and until we cut away the dead wood, the market is going to be effected,” Sweeney said.
Sweeney plans to make the same comments on March 23 when he addresses the Central Florida Regional Council.

About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 45 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.

About Grubb & Ellis: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit www.grubb-ellis.com.

Grubb & Ellis|Commercial Florida Negotiates $250,000 Sale Price for Retail Building in Melbourne Beach

MELBOURNE, Fla. --- Grubb & EllisCommercial Florida, associated with 130 offices worldwide, recently negotiated the sale of a 3,470 square foot retail building at 317 Ocean Ave. in Melbourne Beach for $250,000.00.

Cheryl Harrington, vice president of retail development for Grubb & EllisCommercial Florida in the Melbourne region, negotiated the transaction representing the seller, Nueva Guinea S.A. of San Jose, Costa Rica.

Laura Dowling-Roy of Melbourne bought the property that includes 1,920 square feet of space built in 1964 and another 1,550 square feet of newer, partially finished space.

Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.

About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.

Cheryl Harrington, 2108 W. New Haven Avenue West Melbourne, FL 32904 321.984.1957

Grubb & Ellis|Commercial Florida Relocates Melbourne Office

MELBOURNE, Fla. --- Grubb & EllisCommercial Florida, with offices in Orlando, Tampa and Melbourne, has relocated its Melbourne headquarters from U.S. 1 to new suites at 2108 West New Haven Ave. (U.S. 192) in West Melbourne.

Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said the firm has expanded its offices and expects to see an increase in commercial real estate activity in the Melbourne area.

“Commercial real estate activity follows the economy,” Sweeney said. “We’re seeing an increase in activity that can be attributed to economic recovery, but we’re also seeing activity related to the recession, such as distressed properties, tenants relocating and commercial property foreclosures,” he said.

About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.

About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Contact: Jeff Sweeney, SIOR President 407-481-5387

Industry-Leading Sabalcore, Inc. Opens New Data Center in Melbourne to Substantially Increase Computing Capacity

ORLANDO, Fla. --- Sabalcore Computing, Inc., formerly known as Tsunamic Technologies Inc., has opened a new data center in Melbourne.

John Van Workum, president and chief executive officer of Sabalcore Computing, Inc., said the new data center will substantially expand Sabalcore’s cluster computing capacity to support new business and improved services for the company’s existing clients.

Sabalcore, which opened in 2000, maintains cluster computing networks that link hundreds of Linux-based computers to provide enormous online computing power to large-scale users at a fraction of the cost of dedicated servers, Van Workum explained.

Recently, Sabalcore won a major contract from the U.S. Naval Air Warfare Center Weapons Division (NAWCWD) Geophysics Branch at China Lake to provide computing time to power weather modeling and analysis to support battlefield operations.

“Sabalcore’s high performance computing networks were specifically designed to provide the enormous volume of computing power such complex calculations require,” Van Workum said.
Sabalcore’s cluster computing networks have played a key role in computer aided engineering, oil and gas exploration , weather modeling and prediction, genomics, helping communities predict the spread of infectious diseases, and modeling the benefits and effects of experimental pharmaceuticals.

Sabalcore is a client company of the University of Central Florida’s Business Incubation Program in the Central Florida Research Park in east Orlando.

For more information, contact
John D. Van Workum, President Sabalcore Computing, Inc. 877-492-8027; John@sabalcore.com

Carol Ann Dykes, Site Manager, UCF Business Incubation Program, 407-882-0211, cdykes@mail.ucf.edu

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 or LvershelCo@aol.com

About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities across the Greater Orlando community, the 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, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.

Grubb & Ellis|Commercial Florida Negotiates New Lease Agreement with Brevard's Largest Physicians Group for 10,500SF Industrial/Office Facility

MELBOURNE, Fla. --- Grubb & EllisCommercial Florida, associated with 130 offices worldwide, recently negotiated a lease agreement for a 10,500 square foot industrial/office facility at 1575 NASA Blvd. in Melbourne.

Scot W. Marschang, broker associate with the Grubb & EllisCommercial Florida Industrial Group, negotiated the transaction representing the landlord, C&L Investment Properties, Inc. of Oakland Park, Fla.

The tenant, Melbourne Internal Medical Associates (MIMA), Brevard’s largest independent physicians group, leased the property for a purchasing and maintenance facility, which is conveniently located to its new headquarters on Gateway Drive.

Marschang, who has more than 20 years of experience in property owner and medical office tenant representation, said he knew the MIMA organization, which is widely serving the area, would be a good fit.

Contact:Scot W. Marschang, Broker Associate, 2108 W. New Haven Avenue, West Melbourne, FL 32904, 321.984.1957

Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Tampa and Melbourne offices to serve the entire mid-Florida marketplace.

About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.

Grubb & Ellis|Commercial Florida Eyes Big Growth in Tax Advisory Work for Commercial Property Owners

MELBOURNE, Fla. - Grubb & EllisCommercial Florida, which ranks as one of Florida’s most active commercial property firms, sees tax advisory work as a major growth center.

Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, with offices in Melbourne, Orlando and Tampa, said work for the firm‘s Tax Advisory Group has grown by more than 100 percent over the past six months.

Earlier this year Sweeney appointed tax specialist Don Lombardi director of Tax Assessment Services to head the division in the firm’s Tampa office.

Brett Felberg serves as associate director of Tax Assessment Services in Orlando and Melbourne.

“We have saved our commercial property clients literally thousands of dollars by addressing their tax valuations,” Sweeney said. “Property values have declined across the board due to the recession, but many local government agencies have failed to adjust their assessments accordingly,” Sweeney said.

“In addition, a myriad of tax incentives, benefits and deferments are available to commercial property owners who, for example, retrofit their properties to reduce energy consumption,” Sweeney explained.

“We see this as a major growth market for our firm over the next 24 months,” he said.
Sweeney said the Grubb & EllisCommercial Florida Tax Assessment Group serves commercial property clients throughout the state of Florida.

For More Information:
Jeff Sweeney, SIOR, 407-481-5387, 315 E. Robinson St. Suite 555, Orlando, FL 32801
Larry Vershel Communications, 407-644-4142

About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Melbourne, Orlando and Tampa offices to serve the entire mid-Florida marketplace.

About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.

Datanautix CEO to Deliver Major Address at Worldwide Symposium on Call Center Management in Australia

WINTER SPRINGS, Fla. - Sanjay Patel, CEO of Datanautix, Inc., an Orlando-area firm that ranks as one of the world’s leading innovators in contact center analytics technologies, is off to a worldwide symposium in Melbourne, Australia on September 22-23 to deliver a major address on analyzing customer experience in call center interactions.

Patel is one of the world’s leading experts on customer experience analytics, the science of improving customer service interaction effectiveness.

Combining psychology, linguistics, predictive analytics and other unique new technologies, Datanautix, Inc., analyzes customer/agent interactions to help companies drive transformational change in call centers operations around the world.

Patel will deliver his findings during Customer Analytics 2009, the world’s premier conference on call center management from Sept. 22-23 in Melbourne, Australia.

Samm Medina, conference director, said IQPC Australia (International Quality and Productivity Center) is pleased to partner with Datanautix at Customer Analytics 2009.

"During this global economic downturn, the financial, online, and Telco industries are becoming increasingly customer centric to remain competitive,” Medina explained. “As consumer confidence declines, understanding key trends and customer behavior is now, more than ever, vital to business growth and development. Sanjay Patel will be sharing valuable international perspective on Driving Strategic Business Intelligence and Insight through Agent /Customer Interaction Analytics," Medina said.

“Customer Analytics 2009 is the world’s foremost conference for professionals in this field,” Patel said.

At Datanautix, based in Winter Springs, Fla., Patel has developed a suite of proprietary software products and analytics protocols that help call center managers drive breakthrough improvements in their call center operations. Patel’s address at Customer Analytics 2009 will focus on the most recent advances at Datanautix.

“In brief, we are using Datanautix Interaction Analytics to really hear what customers are saying,” Patel explained. “By carefully extracting hidden information from everyday agent-customer interactions, we can improve customer satisfaction by 10 to 20 percent and reduce customer support costs by 20 to 30 percent by making transactions more efficient,” said Patel.
Datanautix, Inc. is a client company of the University of Central Florida Business Incubation Program located at the Seminole/Winter Springs site at 1511 E. S.R. 434.

For more information, contact:

Sanjay Patel, Founder & President, Datanautix, 407-349-5330, sanjay@datanautix.com

Esther Vargas-Davis, Site Manager, UCF Incubator-Seminole County, 407-278-4881

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

About Datanautix:

Datanautix Inc. specializes in helping companies drive key business process improvements in the contact center/customer management market. The Datanautix Intelligent Interaction Analytics and “active listening” approach not only improves on traditional QA and CSAT measurement challenges, but goes beyond the ‘traditional’ to uncover customer expectations to help drive process changes to improve customer loyalty and operating efficiencies. Typical results from Datanautix’ business process reengineering deployment yield 20-30 percent in savings while driving overall customer satisfaction scores up by 10-20 percent. For more information, please visit http://www.datanautix.com/.

About the UCF Incubation Program:

Since its founding in 1999, the UCF Business Incubation Program has helped more than 100 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With five facilities across the Greater Orlando community, the 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, Lake County, the City of Leesburg and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/.

Grubb & Ellis|Commercial Florida Appoints Paula Buffa, CCIM, RPA Senior Vice President, Office Group in Tampa

Grubb & EllisCommercial Florida Appoints Paula Buffa, CCIM, RPA Senior Vice President, Office Group in Tampa

TAMPA, Fla. - Grubb & EllisCommercial Florida has named Paula Buffa, CCIM, RPA senior vice president of its Office Group. Buffa is currently president of the Westshore Alliance in Tampa.

Jeffrey Sweeney, SIOR, president and managing principal of Grubb & EllisCommercial Florida with offices in Tampa, Orlando and Melbourne, said Buffa has 23 years of experience in commercial real estate and ranks as one of the most highly qualified office specialists in Florida. A three-time CoStar Power Broker awardee, Buffa was also named one of 2005’s Top 20 Women in Commercial Real Estate by Florida Real Estate Journal.

She attended Middle Tennessee State University and began her commercial real estate career with CB Richard Ellis in Nashville. She relocated to Tampa in 1997. Most recently Buffa was associated with GVA Advantis in Tampa. She is also past president of both the Florida Gulfcoast Commercial Assn. of Realtors and Tampa Bay Chapter of Commercial Real Estate Women.

Buffa is a Certified Commercial Investment Member (CCIM) and designated a Real Property Administrator (RPA) by Building Owners and Managers Institute International.

At Grubb & EllisCommercial Florida, Buffa’s clients include American General Insurance, Troy State University, IVANS, Sage Software Healthcare, GolfTec, HCA Healthcare, Professors Capital, Arcis Investments and RR Tampa LLC.

“We are delighted Paula Buffa has joined our Tampa office,” Sweeney said. “She will play a major role in our continued growth in the region.”

About Grubb & EllisCommercial Florida:

Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Tampa, Orlando and Melbourne offices to serve the entire mid-Florida marketplace.

About Grubb & Ellis:

Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/ <http://www.grubb-ellis.com/> .

Contacts:

Paula Buffa, CCIM, RPA 813-830-7887

Jeffrey Sweeney, SIOR President 407-481-5387

Larry Vershel Communications 407-644-4142

Grubb & Ellis|Commercial Florida Appoints Cheryl Harrington Vice President of Retail Services in Melbourne

Grubb & EllisCommercial Florida Appoints Cheryl Harrington Vice President of Retail Services in Melbourne

MELBOURNE, Fla. - Grubb & EllisCommercial Florida, which is associated with 130 Grubb & Ellis offices worldwide, has appointed Cheryl Harrington vice president of Retail Services in Melbourne.

Jeffrey Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said Harrington has more than thirteen years of experience in real estate including seven years in Florida as a commercial real estate broker with another five years in Illinois.

Harrington dealt with all aspects of the leasing, management and/or development of seventeen commercial properties including office and retail properties totaling more than 500,000 square feet, managing in excess of 120 tenants.

“Cheryl’s great people skills enable her to open and close deals in our arena. We think she’ll add an amazing energy to Grubb & Ellis,” Sweeney said.

Prior to joining Grubb & EllisCommercial Florida Harrington was a commercial leasing and sales manager for The Coy A. Clark Company in West Melbourne.

For more information, contact:

Jeff Sweeney, President Grubb & EllisCommercial Florida, 407-481-5378, jsweeney@commercialfl.com

Cheryl Harrington, VP of Retail Services, Grubb & EllisCommercial Florida, 304 S. Harbor City Blvd. Ste. 101, Melbourne, FL 32901, 321-984-1957

Larry Vershel, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com

Grubb & EllisCommercial Florida:

Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Melbourne, Orlando and Tampa offices to serve the entire mid-Florida marketplace.

About Grubb & Ellis:

Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise.

Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. As of Sept. 30, 2008, more than $3.8 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 225 million square feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft Corporation's Vendor of the Year. For more information regarding Grubb & Ellis Company, please visit http://www.grubb-ellis.com/.