Articles Tagged with ''cold storage warehouse''

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. 

Honor Foods, a Burris Logistics company, is in the final stage of moving its current Philadelphia operation from its North 5th Street location to a new warehouse at 5505 Tacony Street. The final day of business in its current location will be Thursday, January 7, preparing for a Monday, January 11 opening of the new warehouse. Honor Foods worked closely with the Philadelphia Industrial Development Corporation to identify a suitable site within the city, eventually choosing a 20-acre parcel sitting within the former Frankford Military Arsenal site that closed in 1977.

Dedeaux Properties has sold a 290,368-square-foot cold storage and food processing portfolio to a global real estate services company for an undisclosed price. The portfolio, which is made up of four central Los Angeles-area assets ranging in size from 38,000 to 111,000 square feet, were part of a larger industrial portfolio acquired by the Dedeaux-led joint venture in 2016. Each property was 100% leased at closing.

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. 

Nature Fresh Farms has expanded operations with a new Distribution Center in Laredo, Texas, with future developments planned for next year. The new 61,000 square foot Distribution Center in Laredo, Texas, provides a new major hub of fresh produce. Since the opening of the facility, they have employed over 30 team members with more positions available for hire.

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.