Denver’s first cold storage speculative development is currently under construction. 76 Freeze, a 247,032-square-foot state-of-the-art, multi-temperature facility, is scheduled for completion in October 2021. Located at 189 Bromley Business Parkway in Brighton, Colorado, the brand-new facility situated on 17 acres is strategically positioned to service Colorado’s Front Range and Rocky Mountain regions. Approximately 166,000 square feet of space in the multi-user facility has been preleased to a single tenant.
Tippmann Innovation (Ti) is working with long-term partners Sierra Supply Chain Services and Penta Properties to build a state-of-the-art cold storage facility in Hamilton, Ontario. This building was developed with a focus on energy efficiency, advanced warehouse management, and value-add services to refrigerated food providers.
Lineage Logistics announced the acquisition of Cryo-Trans, North America’s leading provider of refrigerated and insulated railcars and rail management solutions. This industry-first partnership creates a uniquely comprehensive and seamlessly integrated supply chain solution for food and beverage customers. Financial terms of the transaction were not disclosed.
About a month ago, we received an inquiry from a government contractor asking if our company, Yukon Ventures, would be interested in a top-secret cold storage opportunity. We read between the lines and understood that the contractor was talking about the rollout of the new COVID-19 vaccine, a subject dominating headlines everywhere.
Cold Summit Development has launched its first project in Dallas, a 343,000-square-foot multi-tenant cold storage facility (“Cold Summit Dallas”). The $60 million project is located at 2800 Cedardale Road on a 29-acre site within the South Dallas industrial submarket.
RLS Logistics announced plans to develop a state-of-the-art 83,000 sq. ft. temperature-controlled facility in central Massachusetts. This site will be the newest addition to the RLS Partnering Regional Operator (PRO) network of family-operated cold chain experts and is scheduled to open in Q4 of 2021.
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.
Check out the January 2021 edition of Refrigerated & Frozen Foods, featuring the 2021 Refrigerated Foods Processor of the Year, Greenleaf Foods; read about the company and the plant. Also, we have alternative proteins, cold storage and COVIC-19 vaccines, new retail products, and much more!