Mastronardi Produce--parent company of Sunset fruits and vegetables--has sold its 187,392-square-foot dry and cold storage warehouse facility in Laredo, Texas, to BH Properties in a short-term sale leaseback transaction. The 132-door cross dock facility is the first asset in Laredo for BH Properties, a real estate investment firm which has approximately 20% of its 10 million-square-foot commercial and industrial real estate portfolio in Texas.
NewCold will build and operate an advanced, large-scale automated cold store facility which will be the biggest in Indiana and one of the largest in the United States. It is approximately half the size of the mammoth Lucas Oil Stadium, home of the Indianapolis Colts. At 141 feet high (43 meters), the facility holds over 100,000 pallet positions.
Dedeaux Properties and joint venture partner Ledo Capital Group has sold its Vernon Avenue Logistics Center, a recently completed, fully occupied 46,422-square-foot cold storage facility in Vernon, California, for $14.85 million.
The Global Cold Chain Alliance (GCCA) has released its 2020 Global Cold Storage Capacity Report, detailing the expansive reach of cold chain suppliers world-wide.
Americold is implementing a new Rainwater Harvesting Program that replaces municipal water with rainwater to cool its equipment, resulting in significantly reduced water consumption and cost savings.
Ti Cold Development, a nationally recognized leader in the cold chain industry, has begun work on a 315,000-square-foot cold storage facility in Phoenix. Upon completion, this facility will feature nearly 40,000 pallet positions, a 60-foot-deep refrigerated dock, 40-foot-deep refrigerated rail dock and -10F to 35F, fully convertible refrigerated / frozen space.
Company's efforts help Feed the Children with community outreach during the pandemic.
September 2, 2020
Americold, the world's largest publicly-traded owner and operator of temperature-controlled warehouses, has partnered with Feed the Children, a leading nonprofit focused on alleviating childhood hunger, to support COVID-19 relief for families in crisis.
A M King, a fully integrated Design-Build firm, has begun renovation of an existing shell building for Martin’s Distribution Inc., a Charlotte-based food distributor. The new food distribution and storage facility will allow the company to capitalize on growing demand from its customers for fresh, quality products. The project is scheduled to be completed by May 2020.