Holquist, 40, most recently was senior vice president and treasurer of Allete Properties and president of Cape Coral Holdings and Lehigh Corp. She will continue to lead the Southwest Florida operations along with her statewide responsibilities.

Allete Properties' real estate portfolio is part of Allete, Inc.'s investment business. Allete is a multi-services company whose holdings also include a wholesale automobile auction network, a provider of independent auto dealer inventory financing, an investor-owned water utility in Florida and NorthCarolina along with an electric utility.

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