The newly created strategic partnership between Philadelphia-based BG Capital and New Jersey-based FreezPak Logistics announced the acquisition and planned development of their second new construction cold-storage facility located in Houston, Texas, as part of their effort to build a network of cold storage distribution centers across the country.
The partnership (BGFP International LLC) acquired the 30.7-acre site at 7818 Fisher Road, near the Port of Houston in the Cedar Port Industrial Park for roughly $9 million.
The project is set to break ground on the first phase of construction this spring and will include a 281,849 square foot temperature-controlled warehouse for a total capital investment estimated to be around $102-million. The project will be leased solely by FreezPak Logistics on a long-term lease agreement. The site can also accommodate a second phase of construction to increase the total building size to 547,083-square-feet.
The two-phase construction process of the Houston facility could accommodate a total of 141 trailer parking stalls, 64 truck stalls, three rail bays, and 131 additional car parking.
The total facility would have a 67-foot clear height with 408,213-square-feet of freezer space and 110,142 square-feet of temperature controlled cooler dock. The building is designed to install a fully automated ASRS Automated Storage and Retrieval System and will also include blast freezing, cross docking, transportation, repacking and overseas container plug in.
FreezPak Houston will be in proximity to Routes 99, 146, 225, Interstate 10 and only 13.7 miles from the Port of Houston, with direct rail access to the facilities cold dock.
This project will be FreezPak’s largest facility to-date and one of the most technically advanced Class A cold-storage industrial facilities within the country.
About FreezPak Logistics
Established in 2001 as a family business by two young brothers first inspired by their father, FreezPak Logistics offers frozen, cooler, and dry storage combined with industry-leading third-party logistics services to ensure the availability of the nation’s food supply. Their highly personal and professional approach is dedicated to offering their customers an end-to-end solution spanning every major port-centric market in the country.
