Unique support model for tenants cascades to local communities in need

JACKSONVILLE, Fla.–(BUSINESS WIRE)–The Ferber Company, a privately held real estate development and investment company headquartered in Ponte Vedra Beach, Fla., will join forces with big name restaurants such as Margaritaville and Chili’s as well as small restaurant owners; Bronx House Pizza to serve meals to frontline medical staff, public service workers and families in need across the state of Florida in the coming weeks. The company has already partnered with several of the restaurant tenants to deliver over 1,000 meals in Key West, Ormond, Daytona Beach, and Jacksonville. As many companies are coming together to do what they can during the COVID-19 crisis, Ferber landed upon a unique giving strategy for everyone involved.

“We recognize our friends in the restaurant industry are struggling right now and the need for us to support them is great. I’m proud of our internal team who coordinated a collection which The Ferber Company is matching,” Company President, Shields Ferber, said the effort will stretch from Key West to Northeast Florida over the next 30 days.

Ferber donations, totaling over $10,000, will be spent purchasing food from tenant restaurants, allowing them to prepare and deliver meals to area hospitals as well as local police and fire departments.

In Key West, Jimmy Buffett’s Margaritaville, with the help of The Old Kress Building partnership have teamed up with Ferber to help families in need with free meals each Thursday from 12 to 1 p.m. General Manager of Margaritaville, Mike Griswold, states that his company’s guiding principles foster a shared responsibility for the well-being of their staff, guests, and community. “We are excited for this partnership which allows us to provide free meals to those impacted by the pandemic.”

The Ferber Company says the team coordinating the meal delivery project has had positive feedback from restauranteurs and hospitals such as AdventHealth. “These smaller communities appreciate it and our tenants are happy to be a part of this effort, delivering to the folks who are on the frontlines,” says Ferber.

“We are so blessed to have the support of our community. The Ferber Company raised $2,500 for AdventHealth. They delivered Bronx Bros Pizza for our hard-working care team members,” stated Ed Noseworthy, CEO of AdventHealth Daytona Beach.

The Ferber Company, in business since 1907, has seen many nationwide struggles over the expanse of their 100+ years in business. Paul S. Ferber, Chairman of The Ferber Company and 3rd generation to lead the family-owned commercial real estate business, says he is confident the industry will eventually bounce back.

“Our company has survived through World War I and II, the Spanish Flu pandemic, several market crashes and the tragedy of September 11th. We’ve made it through these dire circumstances, and we will rebound from this as well. The Ferber Company is still developing sites even in the downtime which should lend hope to people who are looking forward to getting back to normal,” Ferber developments that are targeted to open in the coming months include Starbucks (TX), Chipotle (FL), and Panera Bread (FL).

About The Ferber Company

The Ferber Company is a privately held real estate development and investment company headquartered in Ponte Vedra Beach, Fla. with offices in St. Petersburg and Juno Beach, as well as regional offices in Basking Ridge, NJ. Established in 1907, the company has put its expertise and capital strength to the test, developing a broad array of commercial real estate projects for nationally known retailers throughout the Southeast and New York Metro markets. For more information, visit The Ferber Company.

Contacts

Angela Palmieri

O. 904.285.7600

M. 904.742.5299

[email protected]

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