Saturday, July 7, 2018

The Keyes Company’s Spina Group Raises Over $26,000 During 2018 Crossing for a Cure; Brothers paddled from Bimini to Palm Beach to support Cystic Fibrosis

Keyes Company's Kevin and Kraig Spina Paddle Across Gulf Stream from Bimini to Palm Beach, FL to Raise $26,390
 for Cystic Fibrosis Fund-Raising Campaign

Palm Beach, FL – Along with a fleet of stand up paddle boarders, kayakers and board enthusiasts, Kevin Spina of the Keyes Company’s Spina Group, accompanied by his brother Kraig, crossed the Gulf Stream in the middle of the night to help raise $26,390 for Cystic Fibrosis during the Piper’s Angels Foundation’s 2018 Crossing for a Cure.
The team exceeded their goal by more than $6,000.

Kevin Spina

In just 15 hours, the Spina brothers completed the 75-nautical mile journey from Bimini to Palm Beach on stand up paddle boards.
“After 59 years, you run out of unique birthday celebration ideas,” said Kevin. I wanted to do something that would have a meaningful impact. Every little bit gets us one step closer to finding a cure and helping members of the Cystic Fibrosis community.”

Kraig Spina

Crossing for a Cure was started by Travis Suit, whose daughter, Piper, was diagnosed with Cystic Fibrosis at the age of four. This year, the event raised more than $250,000 towards inspiring action and improving the lives of those impacted by the disorder.

Travis Suit and daughter Piper

For the past 20 years, Kevin has been no stranger to athletic challenges, having completed over 20 marathons, numerous triathlons, is an avid runner and cyclist.
 When not facing a physical feat, he is busy leading The Spina Group. Founded in 2009, the team has closed more than $300 million in transactions, averaging over $1 million dollars in real estate closings per week.

Mike Pappas

“Our Keyes family is about more than just real estate,” said Mike Pappas, President and CEO of The Keyes Company. “It’s always great to see members of our family raising money and awareness for important causes, and Kevin’s dedication to Crossing for a Cure perfectly epitomizes our company values.”
The Keyes Company holds several philanthropic Keyes Cares initiatives throughout the year to give back in the six counties they operate in.
With a variety of events on different scales, including the Keyes Cares Walter Reyes Memorial Golf Tournament, the Dolphins Cancer Challenge, partnering with Move for Hunger, the Wounded Warrior Project and Over the Edge, Keyes hopes to spark innovative, passionate ideas to encourage community service to its 3,500 associates.
For more information, please contact:

Eric Kalis or Jasmin Curtiss, BoardroomPR

HFF announces sale of cold storage facility in Middlesex County, NJ

Scott Pertel

SAN FRANCISCO, CA –– Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of a 260,046-square-foot industrial cold storage facility triple net leased to Preferred Freezer Storage in the Middlesex County community of Perth Amboy, New Jersey.

The HFF team marketed the property on behalf of the seller.  Broadstone Net Lease, Inc. purchased the asset for an undisclosed price.

The property is fully occupied by Preferred Freezer Services, the third largest refrigerated warehouse operator in North America. 

 Preferred Freezer Services started in 1989, and this facility served as its original operating location and continues to be a critical facility for the company’s national operations. 

Jose Cruz
The facility features 10 million cubic feet of freezer capacity with 24 loading doors and clear heights ranging from 28 to 42 feet in addition to containing the only Preferred Freezer Services facility in the U.S. with a super freezer with temperatures of -60 degrees Celsius and the only facility in U.S. to have an on-site “parts depot” where spare parts are kept and maintained to be sent to other facilities around the country on short notice. 

 Situated on 9.59 acres at 536 Fayette Street in Perth Amboy, the facility’s location provides multi-directional connectivity for local and regional distribution and is proximate to some of the largest highways in the state, including Interstate 95 (New Jersey Turnpike), Interstate 287, the Garden State Parkway and U.S. Routes 1, 9 and 35. 

Marc Duval

 It is in the Northern New Jersey Industrial market and approximately 25 miles from the Port of New York and New Jersey, the largest port on the East Coast and the third largest port in the country.

The HFF investment advisory team representing the borrower included senior managing directors Scott Pertel and Jose Cruz and directors Jordan Avanzato and Marc Duval.

“Investors responded very favorably to this offering given the uniqueness of the asset and the property’s superb location,” stated Cruz.

HFF and Holliday GP Corp. are licensed New Jersey real estate brokers.

For more information, please contact:

Olivia Hennessey
Public Relations Specialist
9 Greenway Plaza Suite 700
T: 713-852-3403

HFF announces $19.8 million sale and $13.65 million financing of Orlando, FL retail center

Rebecca Van Reken

ORLANDO, FL –– Holliday Fenoglio Fowler, L.P. (HFF) announces the $19.8 million sale and the $13.65 million acquisition financing of Alafaya Commons, a 130,811-square-foot retail center anchored by Academy Sports + Outdoors and Youfit Health Clubs in Orlando, Florida.
Gregg Shapiro

The HFF team marketed the property on behalf of the seller, Regency Centers.  LBX Investments purchased the asset free and clear of existing debt.  Additionally, the HFF team worked on behalf of the new owner to place the five-year, fixed-rate loan with First Florida Integrity Bank.

Alafaya Commons is situated on 18.8 acres at 11792-11970 East Colonial Drive at the ‘main and main’, 13-lane signalized intersection of East Colonial Drive and Alafaya Trail, which, at 94,500 vehicles per day, is one of the most heavily traveled intersections in east Orlando.  

The center is one mile south of Central Florida Research Park’s 9,500 employees and two miles south of the University of Central Florida, the largest university in the U.S. with more than 66,000 students.  

Brad Peterson
Alafaya Commons was completed in 1987 and most recently renovated in 2015.  In addition to the Academy Sports + Outdoors and Youfit Health Clubs anchors, the 89.7-percent-leased center is also home to H&R Block, GNC,Goodfellas Pizza, Orange County Health and Family, Sunset Christian Preparatory and Junior Colombian Burger along with outparcels occupied by Taco Bell, Amscot, and Chuan Lu Garden.

The HFF investment advisory and debt teams representing the seller included senior managing director Brad Peterson and senior director Whitaker Leonhardt.

The HFF debt placement team representing the borrower consisted of managing directors Rebecca Van Reken and Gregg Shapiro.

Whitaker Leonhardt
“Alafaya Commons is located at one of the most vibrant intersections in all of Orlando with 94,500 cars per day,” Peterson said.  

“The area has seen explosive growth driven by the University of Central Florida, STEM employment and residential development, and is a ‘must have’ for national retailers.  

"Both the seller, Regency Centers, and LBX Investments were outstanding to work with on this assignment.”

“We were pleased to source an acquisition loan for LBX that met all of their financing objectives, thanks to the creativity of First Florida Integrity and the strong retail fundamentals in this trade area,” Van Reken added.

For more information, please contact:

Olivia Hennessey
Public Relations Specialist
9 Greenway Plaza Suite 700
T: 713-852-3403