DULUTH, MN-Laura Holquist has been named president of Allete Properties, a subsidiary of Allete Inc. Allete Properties owns or controls companies that market land throughout Florida, including Lehigh Corp. and Cape Coral Holdings in Southwest Florida, Palm Coast Holdings in northeast Florida, and Sugarmill Woods, located north of Tampa.

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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