Groundbreaking has started on Houston ColdPort, a 315,101-square-foot speculative cold storage warehouse in Houston, Texas. Houston ColdPort will feature a 50-foot clear height warehouse, a 60-foot-deep cold dock, 38 dock positions with vertical storing hydraulic dock leveler equipment, LED lighting throughout, a Tyco Quell dry fire sprinkler system, a 200-foot-deep truck court with 57 trailer parking spaces and ample automobile parking. Houston ColdPort can accommodate a single tenant or can be demised for a two-tenant layout.
Constellation Cold Logistics, a pan-European platform comprising cold storage businesses, announced that its partner company in Belgium, Stockhabo, has reached an agreement to acquire 100% of the shares in Frigologix. This acquisition strengthens Stockhabo’s leading position and service offering in the Belgian market and expands the Constellation network into France.
Yukon Ventures announced its second project in the state of Texas. Strategically situated on the I-10 Corridor, the project in Seguin, Texas, will have the ability to service both Austin and San Antonio within less than a one-hour drive, as well as the Houston ports and the US-Mexico border in less than a three-hour drive in either direction.
Ti Cold Development is building a 254,330-square-foot cold storage facility in Reno, Nevada, with 40,000 pallet positions, and a 41,000-square-foot refrigerated dock. Situated within the heart of the infrastructure-invested Tahoe Reno Industrial Center and home to a diverse mix of industries and businesses including world-class brand names in Google and Tesla. This new Reno location offers convenient access to the I-80 corridor and Union Pacific Intercontinental rail line, which is the central logistics corridor to and from the east coast.
Alaska Cargo and Cold Storage (ACCS) and the State of Alaska executed a 55-year lease agreement at Ted Stevens Anchorage International Airport (ANC), marking a major milestone in the development of a more than 700,000-square-foot, climate-controlled warehouse facility. With 32.5 million cubic feet of capacity, the facility will provide ANC with a critical piece of infrastructure at the world’s sixth-busiest cargo airport.
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.