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Gladstone Commercial Corp., McLean, Va., completed the acquisition of a 34,800-square-foot industrial freezer/cooler building in Indianapolis, Ind., formerly owned by Indianapolis Fruit Co., Inc. (IF&P), Indianapolis, Ind.
Cloverleaf Cold Storage, Sioux City, Iowa, entered into a definitive agreement to recapitalize the company whereby private equity funds affiliated with Blackstone, New York, will make a majority equity investment into Cloverleaf.
Resources at the new facility will range from industrial food processing space, freezer and cold storage, warehousing (with loading dock areas) and shipping to food safety regulation, marketing and sales support.
Cumberland County Improvement Authority (CCIA), Millville, N.J., announced a $9.2 million initiative that will result in a Food Specialization Center in Bridgeton, N.J.
The Kraft Heinz Co., Chicago, signed on as the largest tenant of Dallas Logistics Pointe, leasing 260,959 square feet, including 90,000 square feet of cold storage, in Garland, Texas.
Quality Refrigerated Services, Omaha, Neb., announced plans to add a 4-story, 1.5 million-cubic-foot freezer space and chilled processing area to its Spencer, Iowa, facility.
A M King Construction, Charlotte, N.C., announced its newest project with long-time partner ALDI, Inc., Batavia, Ill.—an expansion to a storage and distribution facility in Olathe, Kan.