Codina Group Aligns 4 Operating Companies into Development Services Group, Names Former President of Weeks Corp. as President of Development Services.Business Editors CORAL GABLES Coral Gables, city (1990 pop. 40,091), Miami-Dade co., SE Fla., SW of Miami; inc. 1925. Founded at the height of the Florida land boom, Coral Gables is a noted planned city, with tree-lined boulevards and Mediterranean-style buildings. , Fla.--(BUSINESS WIRE)--March 1, 2001 Codina Group Inc. today announced it has aligned four of its operating companies - Codina Development Corp., C & S Development Inc., Codina Construction Corp. and Codina Consulting Inc. - into a new development services group and said it has named Forrest W. Robinson, former president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Weeks Corp. who was instrumental in the merger to form Duke-Weeks Realty Corp., as president of development services. The formation of the new group will centralize cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. for Codina Group the cross-selling activities of its commercial real estate development, construction and consulting companies at a time that the firm is focusing on the expansion of services it provides to clients. Robinson, who will join the company March 1, will oversee the business-development efforts and operations of the group. "At this time, we're developing additional products to meet all of the real estate needs of our clients," said Armando Codina Armando Codina, a Cuban-American self-made millionaire, was among the 25 Florida electors for President Bush in the 2000 Presidential Election, and the 27 electors chosen in the 2004 Presidential Election. , Codina Group's chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "By naming the former president of one of the nation's largest publicly traded real estate companies to head our new group, we're communicating to our clients that we're dedicated to greatly expanding the breadth of services that we provide and that we're committed to South Florida in this changing marketplace. Robinson's experience with both the real estate and financial markets will be an asset to us moving forward. Furthermore, we plan to similarly align our top-producing brokerage and property management companies in the near future." Robinson, 49, has 25 years of experience in the real estate industry. Most recently, he worked with Duke-Weeks Realty Corp (NYSE NYSE See: New York Stock Exchange :DRE DRE Digital rectal examination. Mentioned in: Rectal Examination ), which was formed when Weeks Corp. merged with Duke Realty Investments in 1999. Before this, as president and chief operating officer of Weeks Corp., Robinson led the company's development, construction, marketing and property management groups. He was also one of the key executives that led Weeks' Corp.'s initial public offering in August 1994. Robinson has served on the advisory council and is past president of the National Association of Industrial and Office Properties (NAIOP NAIOP National Association of Industrial and Office Properties NAIOP National Association of Industrial and Office Parks NAIOP Navigational Aid Inoperative for Parts ) Georgia Chapter. He is active in the National Association of Corporate Real Estate Executives and the National Association of Real Estate Investment Trusts. Codina Group Inc. is a full-service real estate corporation headquartered in Coral Gables, Fla. Founded in 1980, Codina Group is one of Florida's largest full-service commercial real estate companies specializing in development, construction, property management, brokerage, mortgage brokerage and consulting services. For more information, please call (305) 520-2300 or visit the company's Web site at www.codina.com. Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : Photograph available on request |
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