Founded by Harry Spitzer in 2014, HSC traces its origins back more than forty years to Joseph Spitzer’s formation of its affiliated company Allstate Realty Associates, Inc. (“Allstate”) a Brooklyn, NY based developer, with his developments exceeding over a Billion dollars with a current portfolio of income producing real estate which currently owns 2,500 multifamily units in the New York tri-state area and 500,000 square feet of commercial space. Allstate owns or has controlling interests in assets with total valuations exceeding $US 250,000,000.
HSC entered the Florida market in 2014 with the acquisition of Flagler West Corporate Center, a mixed-use office/retail property located in the Fontainebleau neighborhood in west Dade county with some 147,129 square feet of gross leasable area. In March of 2019, HSC completed it’s second Florida acquisition with the addition of Interstate Industrial Park, a portfolio of three small bay industrial building with a total leasable area of 160,302 square feet and located just east of Interstate 95 in Riviera Beach, Florida. In July of 2019 HSC entered the Orlando market with it’s first purchase of Bridgewater Commons LLC. Which comprises of a 58,000 square foot grocery anchored shopping center on the prominent East Colonial Drive in the heart of Orlando.