Front Street Wins Third Gator 100 Award and Expands Presence
Front Street was recognized as the 31st fastest growing Gator-owned or Gator-led business in the world at the University of Florida’s 2018 Gator100 during a ceremony on February 2nd. Sponsored by the UF Alumni Association, in partnership with the UF Entrepreneurship & Innovation Center, the Gator100 recognizes the 100 fastest-growing businesses owned or led by UF alumni. Ernst & Young calculated each company’s compounded annual growth rate (CAGR) over the past three years to generate the ranking.
This win is Front Street’s third Gator100 Award out of the four years this award has been offered. Their 2018 ranking of 31st place beats their 2017 ranking of 32nd place. This recognition also comes on the heels of Front Street’s expansion into their new corporate office in Gainesville, located at 132 NW 76th Drive, Gainesville, FL 32607. This new facility provides a footprint more than twice the size of their previous office which allows all service divisions of brokerage, property management and insurance, to be housed under one roof.
Front Street is a boutique, full service, commercial real estate service firm offering its clients brokerage, leasing, property management, and insurance solutions. Front Street is invested in their clients, the community and in the commercial real estate industry. Through their INVESTED program, they maximize their impact in the communities they serve through action and leadership.
Nick Banks, Front Street’s owner, founder and managing director, is a University of Florida graduate with his Bachelor of Science in Business Administration, class of 1990. “As a Gator grad it’s a real thrill for me to experience Front Street being recognized like this and it’s such a tremendous award for our team.” Said Nick. He added “Our growth which resulted in receiving the Gator100 award is a testament to the hard work and creativity that our team brings to our clients every single day.”
“The Gator100 honors UF alumni from across the university who are founding and growing amazing companies around the country,” said Kent Fuchs, president of the University of Florida. “It’s an incredible affirmation of the innovative and entrepreneurial spirit of the Gator Nation.”
To qualify for the Gator100, companies must have been in business for five years or more as of Oct. 1, 2017 and have had verifiable annual revenues of $250,000 or more in 2014. Additionally, a UF alumnus or alumna must have met one of the following three leadership criteria:
1. Owned 50 percent or more of the company from Jan. 1, 2014, through Oct. 1, 2017; or
2. Served as company’s chief executive from Jan. 1, 2014, through Oct. 1, 2017; or
3. Founded the company and been active as a member of the most senior management team from Jan. 1, 2014, through Oct. 1, 2017.
ABOUT FRONT STREET:
Front Street Commercial Real Estate Group is a leader in Florida commercial real estate brokerage, property management and insurance. The company’s mission is to impact its community, clients and industry by doing commercial real estate differently. Front Street is committed to leadership in the commercial real estate business by offering superior brokerage, property management and insurance solutions to its clients. For more information please visit www.FrontStreet.net.