Tag: Provender

Purchased from SpartanNash, the assets are located in Indianapolis, IN; Minot, ND; Newcomerstown, OH; and Lakeland, FL 500 Enterprise Drive, Newcomerstown,oh NEWPORT BEACH, Calif. – Oct. 4, 2022 – PRLog — Provender Partners has acquired a four-property food production and distribution portfolio totaling 483,000-square square from SpartanNash for $29.9 million. The portfolio is made up of four temperature-controlled buildings: 171,371-square-foot refrigerated food processing and distribution facility in Indianapolis, IN; 160,986-square-foot refrigerated food distribution facility in Minot, ND; 103,838-square-foot grocery/produce distribution cross dock facility  in Newcomerstown, OH; and 42,124-square-foot, rail-served frozen and refrigerated distribution facility in Lakeland, FL. Built between 1990 ... Read more

215 N Mill Road, Vineland, Nj NEWPORT BEACH, Calif. – Aug. 29, 2022 – PRLog — Provender Partners has acquired  from Safeway Fresh Foods, a 217,540-square-foot temperature controlled food production and distribution facility in Vineland, NJ for $22.5 million. Safeway, an agriculture and food manufacturing company, which provides fresh and prepared foods for retailers throughout the Mid-Atlantic states through its fresh food division Sunnyside Farms, will continue to occupy 100 percent of the building for the next five years under the sale/leaseback transaction. Located at 215 N. Mill, the mid 1990’s vintage building with approximately 64% freezer and cooler space, ... Read more

The cold storage warehouse acquisitions provide a strategic opportunity so support a distribution system that serves more than 887 million people with a day’s drive 219 Rockingham Road, Londonderry, Nh NEWPORT BEACH, Calif. – Feb. 15, 2022 – PRLog — Provender Partners, a leading food-related industrial buildings investor, has acquired two Class A cold storage warehouses totaling approximately 316,000 square feet in Londonderry, NH in a $67 million transaction. Leased by ReallyCold, the facilities are strategically located to serve a population of more than 87 million within an approximately 500-mile radius. Located less than a mile from Interstate 93, the ... Read more

Newport Beach, CA-based investment firm grows Chicago food-related industrial real estate portfolio to nearly one million square feet in 18 months. 1125 Sycamore Road NEWPORT BEACH, Calif. – Oct. 21, 2021 – PRLog — Provender Partners continues to expand its Chicagoland food related-industrial building (FRIB) portfolio with the acquisition of a 570,028-square-foot warehouse and distribution facility with 50 acres of excess land in the Chicago MSA for $30 million. The property is located at 1125 Sycamore Road in the Village of Manteno, 55 miles south of downtown Chicago.   Built in 1999, the building is 100% temperature controlled accommodating a ... Read more