BG Capital, FreezPak Team on $3B Cold-Storage Expansion | GlobeSt

2022-08-20 05:52:50 By : Mr. Jeff Lu

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Philadelphia-based BG Capital and NJ-based FreezPak Logistics are partnering to build up to $3B worth of new cold-storage industrial space in port-centric markets across the US.

Under the terms of the strategic partnership, BG Capital will build more than 200M cubic feet of cold-storage warehouses and FreezPak will take long-term triple-net leases for the new cold chain facilities.

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