Front Street was recognized as one of the 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.
Front Street Commercial Real Estate Group 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. “At Front Street, our mission is simple – we strive to impact our community, clients and industry by doing commercial real estate differently.” Said Nick. He added “We’re honored to be recognized by the University of Florida, and we’re humbled to be included in such a prestigious group of entrepreneurs.”
This is the third time Front Street has been recognized by the Gator100 Awards, having secured the number 10 spot in the first inaugural Gator100 Awards in 2015, and the number 32 spot in 2017.
“The Gator100 is a campus-wide initiative that recognizes the entrepreneurial spirit entrenched in the university,” said Timothy Walsh, the Executive Director of the UF Alumni Association and Assistant Vice President of Alumni Affairs. “UF Alumni have created and guided some of the most innovative and profitable businesses in the nation and world. The Gator100 celebrates the very best of our Gator Entrepreneurs.”
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 every year since calendar year in 2014. Additionally, a UF alumnus or alumna must have met one of the following three leadership criteria:
- Owned 50 percent or more of the company from Jan. 1, 2014, through Oct. 1, 2017; or
- Served as company’s chief executive from Jan. 1, 2014, through Oct. 1, 2017; or
- Founded the company and been active as a member of the most senior management team from Jan. 1, 2014, through Oct. 1, 2017.
To view the full list of Gator100 honorees, visit: gator100.ufl.edu
ABOUT FRONT STREET:
Front Street Commercial Real Estate Group is a leader in Florida commercial real estate brokerage and management. 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, leasing, property management, and insurance solutions. to its commercial real estate clients. For more information please visit www.FrontStreet.net.