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Your business is a dynamic enterprise. It can grow, build, change shape, and point in new directions in the blink of an eye. At Lakeside Executive Suites, this is how we approach office space. We don’t build boxes. We create workspaces that are as future-minded as the entrepreneurs who occupy them and that deliver the flexibility and technology required to operate on the cusp of tomorrow. Whether it’s a full-time office space, or just a meeting room for the day, we offer a range of options and services designed to help you conduct business your way.

Monthly Archives: March 2013

Congratulations to our Neighbor
Posted On March 28, 2013 Posted By: admin

Weston is better known as a suburban family town, but it is also a major business center. Cleveland Clinic Florida has its home in Weston, and so does Ultimate Software. There are several factors by which a company can be ranked but few are more coveted as the best company to work. Well according to a recent Fortune’s list our neighbor, Ultimate Software gave several major companies a run for their money.

Ultimate Software ranked No. 1 in Florida and in the top 10 nationally on Fortune’s list of the 100 Best Companies to Work For 2013.

The Weston-based developer of people-management software jumped to the No. 9 spot from No. 25 in 2012. Ultimate Software offers employees a free vacation every two years and covers 100 percent of health care premiums, according to Fortune.

Two-thirds of a company’s score is based on responses to an anonymous survey sent to 1,664 randomly selected associates in the U.S. and the remainder is determined by a thorough evaluation of the organization’s overall culture, according to a news release.

Deerfield Beach-based JM Family Enterprises also ranked on the list. The nation’s largest Toyota distributor fell to No. 32, from No. 17 in 2012.

Miami-based Baptist Health South Florida is the third tri-county company on the list at No. 76. It too fell on Fortune’s 2013 rankings, from No. 42 in 2012.

Other Florida companies on the list were Darden Restaurants (No. 65) and Publix Super Markets (No. 77).

Google topped the list, followed by SAS, CHG Healthcare Services, The Boston Consulting Group and Wegmans Food Markets.

Congratulations Ultimate Software! We are proud of your achievements and wish you all the best for next year. The Lakeside Executive Suites team.

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Non-Profits Dominate Top Florida Women Led Organizations
Posted On March 21, 2013 Posted By: admin

Florida Women Led Organizations

The Commonwealth Institute, PNC Bank, and Moore Research announced the Top 10 women led organizations in South Florida. Non-Profit organizations dominated as they took 9 of the top 10 spots. The list is as follows:

1: Sister Linda Bevilacqua, president of Barry University

2: Paula J. Alderson, president and CEO of Hospice by the Sea

3. Deborah Spiegelman, CEO and executive director of the Miami Children’s Museum

4: Tina Philips, president and CEO of Palm Beach Habilitation Center

5: Eileen Maloney-Simon, CEO of YWCA of Greater Miami-Dade

6: Barbara Inman, president and CEO of Habitat for Humanity of Pinellas County

7: Catherine F. Penrod, CEO of Switchboard of Miami

8: Julie Swindler, CEO of Families First of Palm Beach County

9: Pam Swensen, CEO of Executive Women’s Golf Association

10: Jacqueline Kiviat, executive director and COO of TerraLex

We congratulate all the leaders that made the list and the ones that are working hard and striving to eventually make the list in the future.

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Rick Case Thinking Big in Davie, FL
Posted On March 14, 2013 Posted By: admin

Rick Case drives so much business in the Weston / Davie area that the local business community always watches what he is doing. Well, his latest venture is a biggie. The South Florida Business Journal reports that:

Rick Case Automotive Group broke ground Wednesday on its Davie Volkswagen dealership, billed as the largest and tallest Volkswagen dealership in the world.

Stiles Construction expects to use a fast-track construction process. A grand opening is planned this fall, a news release said.

The 328,000-square-foot dealership will rise eight stories, featuring 1,000 new and used cars inside. It will open with 200 employees and grow to a staff of more than 300, the release said. Rick Case Automotive already has Honda, Hyundai and Fiat dealerships near the site of the planned VW dealership. It ranked 13th on the list of the Business Journal’s largest private companies, with $687.1 million in sales for 2011, up from 19th the previous year.

The scope of the project is huge and the speed of the expected date of completion is aggressive. This innovation in project management, and aiming high is so representative of South Florida. We are proud to be part of this community and seeing our local entrepreneurs shooting for the sky.

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A New Era for Westonzuela
Posted On March 6, 2013 Posted By: admin

Venezuelan dictator Hugo Chávez has lost his battle against cancer, the Venezuelan Vice-President announced. He was 58. Although the news have spread internationally, there are few other places that these news affect more in the United States than right here in South Florida, and more specifically Weston. The South Florida Business Journal writes:

His death resonates in South Florida, which has a sizable Venezuelan population in areas including Doral, a booming city west of Miami International Airport, and Weston, an upscale city on the edge of the Everglades in western Broward County. Weston has so many Venezuelan residents that it’s nicknamed “Westonzuela.”

Among those reacting was Gustavo Pena, a partner at Ascendo Resources, a professional services company. He was an attorney in Venezuela but his family left after Chávez made things difficult for the family’s newspaper.

“Investments and home buying from Venezuelans in South Florida are going to be put on hold for a while; some of them might even start taking the money and focus back to Venezuela in order to cash in down the road once ‘El Chavismo’ leaves office,” said Pena.

Chavismo is the term that describes Chávez’s leftist politics.

“Some folks that are struggling and/or haven’t completely adapted to Florida might start thinking of going back; even though the insecurity might make them think it twice,” said Pena.

Pena also said South Florida banks will need to beware of “politically exposed persons” who will abandon the Chavismo ship and look to protect their illegally made money.

Chávez was succeeded by his hand-picked successor, VP Nicolás Maduro. Pena said he expected Maduro to win the upcoming election, “so not many things will change in the short term politically speaking.”

Opposition politicians have been critical of Chávez’s approach, including oil subsidies for Cuba.

Carlos J. Arboleda , a corporate strategy executive with South Florida-based COI access, who knows many Venezuelan bankers, said, “Chávez’s death should encourage the flow of commerce, as well as money coming into the U.S. from Venezuela, because the risk of alienation or repercussion is mostly gone based on one man’s passing. Individual and corporate investments originating from Venezuela should increase significantly, and specifically affect South Florida in a positive way. We also expect institutions and entities operating in South Florida currently, to be able to do more in terms of expansion or M&A as a result.”

U.S. Sen. Bill Nelson, D-Fla., said: “With the passing of Hugo Chávez, hopefully there will be a peaceful transition of power in Venezuela with real, meaningful democratic reforms.”

The Venezuelan economy has shown signs of stress.

In early February, the Venezuelan government devalued the bolívar by 32 percent and eliminated its authorized system for foreign exchange.

In the Miami Customs District, which stretches from the Florida Keys to Port St. Lucie, Venezuela is the No. 5 trading partner, with $6.7 billion in total trade in 2012, according to WorldCity.

The devaluation of the bolívar and the lack of an exchange system may impact many Venezuelans who were on the fence about buying property, Manuel Lopez, branch manager of Cambridge Mercantile Group’s Florida office, said prior to Chávez’s death. It also impacts their spending in other areas, such as commercial real estate and direct investment in businesses.

In 2012, Venezuelan buyers made up 7 percent of home sales to international buyers in Florida, according to the National Association of Realtors.

With a new page of Venezuelan history being turned we can only imagine and hope as to what awaits our regional neighbor. Being a proud member of the business community of “Westonzuela” we wish our Venezuelan community much success, health, and prosperity.

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