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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.
Havecon Horticultural Projects, Holland, is nearing completion on the construction of Green Empire Farms (GEF), a high-tech greenhouse located in Oneida, N.Y.
The newly formed company, Green International Ventures LLC, will make locally grown fresh produce more widely available around the globe via its proprietary advanced high-density farming system.
Mastronardi Produce Ltd., Canada, partnered with visionary John Paul DeJoria to develop what is said to be the world's largest and most technologically advanced indoor farming project.
SUNSET of Holland will also be the initial distributor in select markets for the first advanced high-density farming system of the John Paul Dejoria/Mastronardi partnership.