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NEW YORK CITY — Locally based intermediary HKS Real Estate Advisors has arranged a $25.8 million loan for the refinancing of a 52,578-square-foot retail building in Queens. The newly developed building at 10-04 Borden Ave. is located in the borough’s Long Island City neighborhood and was fully leased at the time of sale, with iFly and Vibe Fitness serving as the anchor tenants. Daniel Kowalsky of HKS arranged the loan on behalf of the owner, VOREA. Hanover Capital provided the loan.