Freedom Real Estate – Starfish Holdings, Inc https://starfishholdings.com The Power of Employee Ownership Wed, 16 Sep 2020 14:22:59 +0000 en-US hourly 1 https://wordpress.org/?v=5.5.14 Freedom Real Estate Acquires Warehouse and Distribution Facility in Madison, AL https://starfishholdings.com/freedom-real-estate-acquires-warehouse-and-distribution-facility-in-madison-al/ Tue, 30 Jun 2020 14:41:32 +0000 https://starfishholdings.com/?p=15207

Freedom Real Estate & Capital has expanded and diversified its property portfolio with the acquisition of the Frito Lay Distribution Center located at 114 Jetplex Circle in Madison, Alabama. Frito Lay, a division of PepsiCo, has occupied the 26,000 square foot facility for the last 30 years and will continue to use the facility as the company’s warehouse and distribution center for the Huntsville/Madison area.

“This is a strategic acquisition for Freedom,” said Brenda Conville, Freedom’s Director of Real Estate. “This move partners us with an iconic brand and long-term tenant, while allowing us to diversify our property management portfolio and establish a stronger presence in the dynamic Madison market.”

Freedom Real Estate & Capital officially assumed ownership of 114 Jetplex in November of 2019.

About Freedom Real Estate & Capital. LLC

Headquartered in Huntsville, AL, Freedom Real Estate & Capital is a commercial real estate company providing brokerage representation, property management, and facility development services.

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Freedom Real Estate, Torch Technologies, and Invariant Corporation’s Commitment to South Huntsville Redevelopment Continues https://starfishholdings.com/freedom-real-estate-torch-technologies-and-invariant-corporations-commitment-to-south-huntsville-redevelopment-continues/ Wed, 13 May 2020 17:34:29 +0000 https://starfishholdings.com/?p=15199

Huntsville, AL – Freedom Real Estate & Capital (Freedom), Torch Technologies (Torch) and Invariant Corporation (Invariant) have announced they will be breaking ground on a new mixed-use facility in South Huntsville, with a targeted completion date in the summer of 2021. The groundbreaking ceremony, canceled due to COVID-19, was set to take place at the end of April. This new development follows the 2019 completion of Torch’s Technology Integration and Prototyping Center.

Freedom, a real estate investment company, will develop the new facility at 4040 Chris Drive, and has leased the first two spaces to Torch and Invariant, with opportunity for an additional tenant. The multi-tenant building will house up to 92,000 square feet and will feature a mix of office, research and development labs, light manufacturing, assembly, and integration space along with a high bay.

Torch, a 100% employee-owned services and solutions defense contractor founded in 2002 in Huntsville, has shown its continued commitment to the redevelopment of and investment in South Huntsville through the rapid growth of its Huntsville headquarters. Torch’s campus consisted of two buildings in 2015, and just five years later Torch is breaking ground on its sixth building. “We are proud to work alongside the city and state in our continued efforts to improve the standard of living in our South Huntsville community” said John Watson, President and CEO of Torch.

Invariant, an engineering services and software development company founded in 2001 in Huntsville, is expanding into the facility to support its continued growth. “We are excited to grow and expand into this new facility that will provide our employees the resources needed to ensure quality services and products are delivered to our customers, and we are proud to be a part of Huntsville’s continuing success” stated David Anderson, President of Invariant.

The project is part of a continued effort to redevelop South Huntsville. The city of Huntsville has been working to reclaim, modernize and upgrade the area along South Memorial Parkway to encourage investment and redevelopment in the area, and is seeing tremendous progress with many announcements of new projects, including Hays Farm. “Torch has been a catalyst for South Huntsville’s revitalization since the very beginning,” said Bekah Schmidt, CEO of South Huntsville Business Main Association. “The new facility at 4040 Chris Drive is a mixed-use facility with a state-of-the-art laboratory and premier manufacturing space. We look forward to seeing this project completed next year and appreciate Torch’s continued investment in South Huntsville!”

Bill Roark, co-founder of Torch Technologies and CEO of Freedom Real Estate & Capital, added “We are proud to be able to contribute to economic development and growth in South Huntsville. This community is our home, and we look forward to watching it grow and thrive for years to come.”

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