Pebley-Delhamer-Austin Team Join Grubb & Ellis's Ontario, CA Office

ONTARIO, CA, Mar. 16, 2009 – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that the team of James Delhamer (left), Terri Lee Pebley (center) and Nancy Austin (right, top photo, ) has joined its Ontario office as vice presidents with the Investment Group.

The team’s focus will be investment properties in San Bernardino and Riverside counties.

Pebley, Delhamer and Austin come to Grubb & Ellis from GRE Land & Commercial Brokerage in Murietta where they were principals.

Together they have over 70 years of commercial real estate experience and have consummated transactions across a broad range of product types including office, industrial, retail, land, self storage, assisted living and other special use properties.

“Terri, James and Nancy are all seasoned investment professionals and as a team they offer our clients a unique combination of skills and expertise,” said Mano Leventakis, senior vice president and managing director of Grubb & Ellis’ Inland Empire operation. “They will play a key role in growing our investment business, particularly in the area of distressed properties.”

Pebley has over 25 years of experience representing buyers and sellers of investment properties throughout Riverside County. She holds a B.S. in accounting from San Diego State University and a J.D. from Thomas Jefferson School of Law and is a CPA and California Real Estate Broker.

Delhamer has more than 30 years of real estate sales and development experience, including 20 years as division president of Newland Communities, a nationwide devlopment company. He holds an MBA from San Diego University and is a CPA, California Real Estate Broker and General Engineering Contractor.

Austin has over 20 years of commercial real estate experience and has represented clients in the leasing and sale of office, land and investment properties in the Inland Empire and East Los Angeles. She holds a B.S.E. and M.S. from Arkansas University as well as the Certified Commercial Investment Member designation.

“As one of the nation’s largest commercial real estate services firms, Grubb & Ellis offers the support, resources and integrated platform we felt was necessary to better serve our clients in today’s difficult economic environment,” said Pebley. “We’re excited to be part of the Inland Empire team.”

Contacts:

Sharon Abar, 714.975.2185, sharon.abar@grubb-ellis.com

Damon Elder, 714.975.2659, damon.elder@grubb-ellis.com

NAI Realvest names Patrick Mahoney Partner, President & COO

ORLANDO, FL - NAI Realvest, which currently ranks as one of the largest full service commercial real estate companies in Central Florida with more than 30 brokers and nearly four million square feet under management, has appointed Patrick Mahoney (top right photo) as a partner, president and chief operating officer.

George Livingston, (middle left photo) founder and chairman emeritus of NAI Realvest said Mahoney, a Furman University graduate with a Masters degree from the Crummer School of Business at Rollins College, has more than 15 years of business management experience.

From 1990 through 2007, Mahoney was president of Orlando-based Intercoastal Distributors, Inc., a ceramic tile and stone distribution company with branches throughout Florida.

Mahoney said as president and chief operating officer of NAI Realvest, he plans to continue to look for growth opportunities through this recession.

"We anticipate the recession will continue through 2009 before slowly recovering in 2010. However, there are plenty of opportunities and we are continually positioning ourselves to take full advantage of them," Mahoneysaid.

Mahoney said he hopes to add six to eight commercial brokers at NAI Realvest this year with a focus on bank work outs, tenant representation and corporate services.

He is also looking into potential acquisitions and/or mergers as a means for growing brokerage and property management.

Livingston said, "Patrick Mahoney is a highly analytical executive with wide ranging experience. We are confident he has the perspective and skills to position NAI Realvest to take advantage of the opportunities in the marketplace today as well as those that will emerge over the next 24 months and into the future."

For more information, contact:

Patrick Mahoney, President and COO NAI Realvest, 407-875-9989, pmahoney@realvest.com

George Livingston, Founder and Chairman NAI Realvest, 407-875-9989, glivingston@realvest.com

Paul P. Partyka, Managing Partner, NAI Realvest, 407-875-9989, ppartyka@realvest.com

Janice Paiano, Director of Marketing, NAI Realvest 407-875-9989, jpaiano@realvest.com

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

Arbor Closes 2 Fannie Mae Loans totaling $9M

Isabella Apartments in Bellingham, WA Receives $6,460,900

UNIONDALE, NY, Mar. 16, 2009 - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $6,460,900 loan under the Fannie Mae DUS® product line to refinance the 96-unit complex, Isabella Apartments in Bellingham, WA.

The 10-year loan amortizes on a 30-year schedule and carries a note rate of 4.50 percent.

The loan was originated by Jon Red, (middle right photo) Director, in Arbor’s full-service Spokane, WA lending office.

“The broker selected Arbor for this project as the borrower was looking for cash out with a low rate on a stabilized apartment complex he had built in 2006,” said Red.

“We were able to meet the borrower’s expectations in a very volatile interest rate environment with an attractive floating rate structure.”

Casa Villa Apartments in Forth Worth, TX Obtains $2.55M

In Fort Worth, TX, Arbor Commercial Funding closed a $2,550,000 loan under the Fannie Mae DUS® product line to refinance the 140-unit complex known as Casa Villa Apartments. (bottom right photo)

The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.23 percent.

The loan was originated by Matt Norman, (middle left photo) Vice President, in Arbor’s full-service Dallas, TX lending office.

“Arbor’s ability to work with all parties involved resulted in a key acquisition for our California-based borrower,” said Norman.

Contact: Ingrid Principe, P: 516.506.4298. F: 516.542.2555. http://www.arbor.com/

Tilt-Con Starts $11.5M Medical Examiner's Office in Orlando, FL

ORLANDO, FL – Altamonte Springs-based Tilt-Con Corporation, the nation’s largest tilt-up concrete constructor and leader in green construction, along with construction manager Wharton-Smith, Inc., Sanford, FL, is under way on the new state-of-the-art, $11.5 million, 38,815-square-foot LEED®-certified Florida District 9 Medical Examiners Office at 2350 East Michigan Street in Orlando, FL.

Designed by MRI Architectural Group, Orlando, the facility will serve both Orange and Osceola Counties, and is the home of celebrated Chief Medical Examiner Dr. Jan Garavaglia, (top left photo) star of Discovery Health Channel’s “Dr. G: Medical Examiner.”

In addition to the Florida District 9 Medical Examiners Office in Orlando, Tilt-Con’s other recent healthcare projects include the $135 million, 142-bed Homestead Hospital as well as the Axcess Medical Center in Sarasota, and the Blue Cross Blue Shield facility in Miami.

Tilt-Con Corporation received the coveted national 2009 Robert Aiken Innovation Award for outstanding tilt-up innovation companywide from the Tilt-Up Concrete Association (TCA).

Contact: Kenneth H. Cristol, 407-774-2515

Grubb & Ellis Unveils New Brand Identity

SANTA ANA, CA,Mar. 16, 2009 – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today unveiled a new brand identity that represents the company’s stronger, more diversified platform of real estate services and investment programs.

“Grubb & Ellis has undergone tremendous change over the past year, as we’ve integrated and enhanced our service offerings, while continuing to expand our investment programs,” said Jack Van Berkel, (middle right photo) chief operating officer of Grubb & Ellis Company.

“Our clients and prospective clients are looking at us differently for a reason, and we believe our new brand signifies that we are in fact a new company.”

The new logo relies on the traditional Grubb & Ellis color palette of yellow, black and white, but replaces the circle, which has been the visual representation of the firm for decades, with an arching white bridge on a yellow background. The new tagline that accompanies the logo is “From Insight to Results.”

The bridge symbolizes how Grubb & Ellis connects the needs of clients with the various real estate services and investment programs the firm provides. The tagline emphasizes the depth and breadth of the company’s market knowledge and how it translates those insights into distinct strategies for each client.

“A bridge is known as a structure that provides passage to reach one’s destination,” said Ryan Rauch, director of marketing. Similarly, “Grubb & Ellis’ new logo represents our shared passion for providing tailored solutions that help our clients reach their unique real estate and investment goals.”

To reinforce the new brand, the company has also revamped its Web site, http://www.grubb-ellis.com/, making it easy for a client to find information on the investment programs and real estate services applicable to them, whether they are an individual investor, institutional investor, or a tenant or owner-occupier of real estate.

Contact: Janice McDill, Phone: 312.698.6707. Email: janice.mcdill@grubb-ellis.com

Vantage Properties Kicks Off Energy Saving Program at 139 Properties

NEW YORK, NY—President Barack Obama’s oratory on energy saving is beginning to catch the attention of the real estate industry.

In New York City specifically, where air quality is almost always a controversial topic, Vantage Properties LLC today began a major project, in partnership with U.S. Energy Group, to reduce the carbon footprint of its 139-building portfolio.

Vantage Properties is one of New York's leading owners of affordable residential and retail property.

Vantage will be using U.S. Energy’s state-of-the-art energy management and control technologies to improve usage and reduce waste and pollution at each property.

Neil Rubler, (top right photo) president and CEO of Vantage Properties, explains:

“Most multi-family buildings use a single outside sensor to control cycling of the fuel-energy system -- a method which is highly inaccurate, often resulting in the burning of excess fuel and, therefore, increased pollution.

“Vantage is implementing U.S. Energy’s Energy Management System (EMS) which uses strategically placed sensors throughout each property to reach the ideal comfort level for all residents without waste. Consequently, the properties achieve increased energy efficiency while reducing overall operating costs. “

Additionally, Rubler says, each Vantage building will be monitored with USE-Manager, which “provides constant online analysis of each facility’s fuel-energy system in order to identify weaknesses and potential problems, track usage and alert building management immediately regarding any issues that could impact residents.

“These measures not only reduce the carbon footprint of the properties, they also prolong the life of each heating system.”

Rubler adds, “Vantage is dedicated to setting the highest standards of quality for affordable housing. We believe that incorporating innovative and sustainable property management practices is integral to the responsible and proactive maintenance of our properties and a step toward making New York a healthier urban environment.”

Gerald Pindus, (bottom right photo) CEO of U.S. Energy Group, says “Vantage Properties is part of a new generation of property owners and managers whose prescient approach to managing their portfolios in order to curb waste and pollution will not only promote a better quality of life for their residents, but a better quality of life for us all.”

Colonial Properties Scores Passing Grade on Some Bonds; Gets Warning on Others

NEW YORK, NY—Colonial Properties Trust, one of the largest multifamily and office developers in the nation, received some good news and some not-so-good news in the mail today.

Birmingham, AL-based Colonial Properties Trust and CLP, its operating partnership, have received passing grades from Fitch Ratings on $100 million of their preferred stock offerings but had over $2 billion in unsecured notes and an unsecured line of credit downgraded to negative from stable.

(Colonial Pinnacle at Craft Farms apartments, Gulf Shores, AL, top right photo)

“The negative rating outlook stems from Fitch’s view that difficult property fundamentals in CLP’s markets, including Charleston, Savannah, Austin and Orlando, will weaken Colonial’s earnings power over a longer timeframe.”

Fitch gave Colonial Properties Trust a BBB- issuer default rating and a BB+ on its preferred stock.

CLP also received a BBB- issuer default rating and a BB+ on $100 million of preferred stock, but had to settle for a BBB- on $1.3 billion of senior unsecured notes, $675 million on an unsecured line of credit, and $45 million of senior unsecured medium-term notes.

(Colonial Village at Oak Bend apartments, Lewisdale, TX, middle left photo)

Still, the analysts had some encouraging words for Colonial’s management program. They gave the REIT the BB+ rating on the preferred stock because of the company’s “manageable debt maturity schedule and good liquidity position,” recently bolstered by a $350 million secured debt transaction with Fannie Mae.

“The rating affirmation further underscores prudent steps that Colonial has taken to strengthen its balance sheet and improve liquidity, through unsecured debt repurchases, declines in overhead costs and reductions in common stock dividends,” according to the analysts.

(The Landings apartments, Huntersville, NC, bottom right photo)

They also say “Fitch views favorably CLP’s reduction in planned development spending in 2009.”

As of Dec. 31, 2008, CLP, the direct general partner of Colonial Properties Trust had $3.6 billion in undepreciated book assets, $1.4 billion in undepreciated book equity, and a total market capitalization of $2.9 billion.

Vail Resorts CEO and Employees Take Pay Cut Expected to Yield Annual Savings of $10M

BROOMFIELD, CO—Vail Resorts Inc. CEO Robert A. Katz (top right photo) and his 2,500 employees have agreed to take a pay cut in a voluntary strategy to reduce the company’s expenses and save jobs.

The leading mountain resort operator in the U.S. reported the action to the Securities and Exchange Commission.

Katz, 42, will not take any salary for a 12-month period and then receive a 15-percent salary reduction. BusinessWeek, citing SEC data, put Katz’s salary as of Dec. 31, 2008, at $835,000.

His executive team, comprised of Jeffrey W. Jones, 47, (top left photo) chief financial officer and senior executive vice president, showed a year-end 2008 salary of $584,000;

Blaise Carrig, 58, (middle right photo) co-president, Mountain Division and CFO and executive vice president, Heavenly Mountain Resort, $434,000;

John McD. Garnsey, 59, (middle left photo) co-president, Mountain Division, and chief operating officer and executive vice president of Beaver Creek, $425,000;

Keith A. Fernandez, 56, (bottom right photo) president, Vail Resorts Development Co., 412,000; and

Joe R. Micheletto, 72, chairman emeritus and consultant, $132,000.

Vail reported to the SEC that under the pay reduction plan, all affected employees will have their salaries reduced on a sliding scale from 2.5 percent for seasonal employees to 10 percent for executives.

In addition, each full-time, year-round employee will receive a grant of stock-based incentive compensation with a value on a sliding scale from 1.5 percent of salary to 7.5 percent of salary for executives.

“This will increase the number of employees owning stock from approximately 260 to over 2,500, allowing many more employees to participate in ownership of the company,” says Katz.

Katz says he will not participate in the stock issuance. Each outside member of the company’s board of directors has also decided to reduce his annual cash retainer by 20 percent.

Besides Katz, Jones and Micheletto, the board includes John Sorte, 61, of Morgan Joseph & Co. Inc.; William Stiritz, 73, Ralcorp Holdings Inc.; Thomas Hyde, 59, Wal-Mart Stores Inc.; Roland Hernandez, 50, Vail Resorts Inc.; Richard Kincaid, 46, EOP Operating LP; and John Redmond, 49, Menzies Aviation.

The SEC filing states wage reductions for seasonal employees will be effective after the current winter season. The wage reduction for all other employees will be effective on April 2, 2009.

Katz says, “This wage reduction plan, combined with certain other adjustments, is expected to result in expense savings of over $10 million on an annualized basis.

“I am very proud of the effort of our employees and our company’s performance in this unprecedented environment.

“However, it’s also clear that with the uncertainty that lies ahead, reducing cost is an imperative.

“We have chosen to address this situation by making the preservation of jobs and protecting the guest experience our highest priorities.

“By asking everyone to take less, starting at the top, we can continue to focus on our mission of extraordinary resorts, exceptional experiences.”

The company's subsidiaries operate the mountain resort properties at the Vail, Beaver Creek, Breckenridge and Keystone mountain resorts in Colorado; the Heavenly Ski Resort in the Lake Tahoe area of California and Nevada; and the Grand Teton Lodge Co. in Jackson Hole, Wyoming.

The company's subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant properties across the United States and the Caribbean.

Vail Resorts Development Co. is the real estate planning, development and construction subsidiary of Vail Resorts, Inc.

(Vail Mountain Resort, bottom left photo)

Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The company’s last trade on Mar. 13 closed at $20.76 per share, down from $21.61 the previous day. The 52-week high and low share price for the past 12 months was $52 and $14.76.

Marcus & Millichap's Lori Schneider Named One of Firm's top Investment Specialists

Schneider is also the firm’s No.2 multi-tenant specialist and No. 5 retail specialist nationwide

ENCINO, CA– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named its top investment specialists for 2008. One agent in Marcus & Millichap’s Fort Lauderdale office ranked in the Top 30 out of more than 1,300 investment specialists nationwide.

The agent is Lori Schneider (15). (top right photo) Schneider is also the firm’s No.2 multi-tenant specialist and No. 5 retail specialist nationwide.

“We are proud to recognize Lori as one of the firm’s top agents,” says Harvey E. Green, president and chief executive officer of Marcus & Millichap.

“Her accomplishments and track record reflect her superior transaction expertise and commitment to client service.” Schneider, a senior vice president investments and senior director of the firm’s National Retail Group in Fort Lauderdale, facilitated numerous transactions throughout the United States last year.

Schneider joined Marcus & Millichap in January 1999 and was promoted to senior vice president investments in July 2008.


Among her transactions last year were the sale of a $21.05 million regional shopping center in Fort Wayne, Ind.; a $20 million shopping center in Winter Haven, Fla.; and a $15.3 million medical office building in Marietta, Ga.

Press Contact: Stacey Corso, Communications Department, (925) 953-1716

Lodgian Receives Audit Report with Going Concern Explanation

ATLANTA, Ga—Lodgian, Inc. (NYSE Alternext US: LGN) announceS that the audit report of its independent registered public accounting firm, Deloitte & Touche LLP, included in the company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008 (the “Form 10-K”), while expressing an unqualified opinion regarding the company’s audited financial statements, identified matters which raise substantial doubt about the company’s ability to continue as a going concern.

The company’s announcement does not represent any changes or amendment to its 2008 financial statements or to its Form 10-K which was filed with the Securities and Exchange Commission on March 13, 2009.

As disclosed in the Form 10-K, the audit report raised substantial doubt about the company’s ability to continue as a going concern because approximately $128 million of the company’s mortgage debt is scheduled to mature in July 2009.

This mortgage debt cannot be extended without the approval of the loan servicers, which extension has been requested but not yet granted.

To address the pending maturities, the company is also pursuing opportunities to refinance the maturing mortgage debt or to acquire new mortgage debt using currently unencumbered properties.

However, in light of the current state of credit markets generally and the real estate credit markets specifically, the company cannot currently predict the outcome of these efforts.

CONTACTS;

Julie Tullbane, Daly Gray Public Relations, T 703-435-6293, F 703-435-6297, julie@dalygray.com

Debi Ethridge, Vice President, Finance & Investor Relations, (404) 365-2719 dethridge@lodgian.com

Marcus & Millichap Relocates Jacksonville Office to Belfort Road Location

JACKSONVILLE, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has relocated its Jacksonville office, according to David Bradley, sales manager of the office.

The new address is 5220 Belfort Road, (top right photo) Suite 120, Jacksonville, FL 32256. The telephone number is (904) 672-1400. The fax number is (904) 672-1410.

“Our Jacksonville office moved because our investment sales force has increased substantially over the past several years to meet the demands of investors seeking commercial real estate in Northern Florida,” explains Bradley.

Marcus & Millichap currently has six offices in Florida: Jacksonville, Orlando, Tampa, Vero Beach, Fort Lauderdale and Miami.

Press Contact: Stacey Corso, Communications Department, (925) 953-1716

Upcoming Stirling Sotheby’s International Realty–HBA Worldwide Auction March 28

ORLANDO, FL --- Stirling Sotheby’s International Realty and the Home Builders Association of Mid Florida have joined forces to produce a unique event scheduled for March 28 in Orlando (http://www.hbaauction.com/) --- a worldwide auction of custom homes that could generate millions of dollars worth of sales from buyers all around the world.

Two Windermere-area properties slated for the auction block could bring bids of more than $1 million, said Roger Soderstrom, founder and principal of Stirling Sotheby’s International Realty.

A 5,268 square foot luxury home at 9730 Lake Hugh Drive ( photos) in Gotha previously listed for sale at $1.65 million will be offered with a starting bid of $890,000, Soderstrom said.

The four-bedroom, five-and-one-half bath luxury home, built in 2007 with its own security gates, boasts a three-car garage and a master suite with its own morning bar, coffee maker and refrigerator, a home theater that rivals the local cineplex, a gourmet kitchen worthy of its own TV show and a resort-style swimming pool with a rock waterfall.

A lakefront estate home on Lake Hancock at 14616 Ruches Ave. (photos) in Winter Garden will be offered with a starting bid of $788,000, Soderstrom said. The 4,340 square foot luxury home, recently listed for sale at $1.98 million, offers four bedrooms, four-and-one-half baths, a three-car garage and gourmet kitchen, along with a huge outdoor entertainment area with a swimming pool, two fountains and two-level terraced deck.

“There are several remarkable properties scheduled for auction and we anticipate the winning bids will represent both substantial bargains and high prices,” Soderstrom said.

“I can’t remember when we have had so many fabulous custom and estate homes for sale in a single auction,” he said.

Stirling Sotheby’s International Realty’s Worldwide Auction Group will accept bids online at (http://www.auctionsbystirling.com/) or bidders can register to bid in person via telephone at 407-588-1260, Soderstrom said.

For more information, contact:
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-588-1260
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

Arbor Closes $11M Fannie Mae DUS® Loan for Aspen Lakes Estates II in Holt, MI

UNIONDALE, NY, Mar. 13, 2009 – Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $11,025,000 loan under the Fannie Mae DUS® product line for the 130-unit complex known as Aspen Lakes Estates II (top left photo) in Holt, MI.

The 79-month loan amortizes on a 30-year schedule and carries a note rate of 6.34 percent.

The loans were originated by Michael Jehle, (bottom right photo) Midwest Regional Director, in Arbor’s full-service Bloomfield Hills, MI lending office.

“Our client recently built Phase II of their three-phase multifamily development in Lansing, Michigan,” said Jehle. “Upon full stabilization, Arbor provided a great interest rate to pay off the client’s existing construction loan.”

Contact: Ingrid Principe, Arbor Commercial Mortgage, 333 Earle Ovington Blvd., Suite 900, Uniondale, NY 11553. P: 516.506.4298. F: 516.542.2555. www.arbor.com

SchenkelShultz Designs $29M School Job in Orlando, FL

ORLANDO, FL – SchenkelShultz Architecture, Orlando, one of Florida’s leading green design firms, designed Orange County Public Schools’ innovative new $28.7 million, 196,157-square-foot Memorial Middle School (top right photo) replacement/renovation at 2220 W. 29th Street in Orlando, FL.

The facility, which replaces the original school built in 1962, expanded the current SchenkelShultz-designed Orange County middle school prototype from two to three stories.

The campus was re-designed using the academic house concept with each grade level located on a separate floor to create small learning communities. Balfour Beatty Construction, Orlando, served as construction manager for the project.

Contact: Kenneth H. Cristol, 407-774-2515.

NAIOP Central Florida Elects 2009 Officers and Directors

ORLANDO, FL – The Central Florida chapter of NAIOP, the Commercial Real Estate Development Association, elected its 2009 officers and board of directors:

president, Jeff K. McFadden, (top right photo) SIOR, managing partner, Taurus Southern Investments, LLC, a subsidiary of Boston-based Taurus Investment Holdings, LLC;

president-elect, Mary Hurley, (top left photo) CCIM, RPA, real estate and leasing manager, Pineloch Management Corporation;

vice president, Anthony Fiorillo, (middle right photo) LEED AP, president, ECS-Florida, LLC;

treasurer, Scott Miller (middle left photo) , principal, Primary Capital Advisors, LLC;

secretary and Corporate board representative, Pam Carman, (bottom right photo) FSMPS, director of business development – Florida region, Barton Malow Co.;

immediate past-president and State and Corporate board representative, Terry Delahunty, Esq., LEED AP, partner, Foley & Lardner LLP.

Board members include: Sandy Chace, vice president of leasing, Colonial Properties Trust; Alex Dobrev, Esq., attorney, Lowndes Drosdick Doster Kantor & Reed, PA; David Evans, Esq., attorney, Baker & Hostetler LLP; Ray Gilley, president and CEO, Metro Orlando Economic Development Commission;

Ioana Good, marketing manager, Tilt-Con Corporation; John Guitar, senior director of leasing, Flagler Development Group, Christie Hill, director of business development, Workscapes, Inc.; Doug Irmscher, senior vice president, Duke Realty Corporation; Linda Lay, president, LL Marketing Group;

Greg Morrison, (bottom left photo) CCIM, SIOR, Morrison Commercial Real Estate; Craig Polejes, president, Florida Bank of Commerce; Alan Sheppard, Jr., Esq., shareholder, Greenberg Traurig, LLP; Ann Sonntag, publisher, Orlando Business Journal; Jeff Sweeney, president and managing director, Grubb & Ellis/Commercial Florida;

John Tomlinson, senior vice president, Wells Fargo Bank; Sandy Winkler, director of marketing, HuntonBrady Architects.

The chapter’s State board representatives also include Arnold Gibbs, vice president of business development, Terracon Consultants, Inc.; Rene’ Schneider, site development manager, MACTEC Engineering & Consulting, Inc.; and Alan Sheppard, Jr.

Ex-officio board members are Michael Beale, president, Beall Commercial Real Estate. and Moses Salcido, SIOR, senior development manager, Panattoni Development Co. Shannon Miller serves as the chapter’s executive director. Ken Cristol, president, Cristol Marketing Company, is the chapter’s media consultant and agency of record.

Contact: Kenneth H. Cristol , 407-774-2515