Prime Cold Storage Facility Available for Bidding
Hilco Real Estate Sales is excited to announce the upcoming sale of a strategically located cold storage facility offering 290,915± square feet of versatile space. This opportunity represents a significant investment for those looking to enhance their operational capabilities in the food-grade storage sector.
Facility Overview: Designed for Efficiency
This facility, originally built in 1980 and expanded over the years, includes a significant portion dedicated to cold storage. It features 203,855± square feet of dry storage alongside 78,396± square feet of cold storage, supporting four distinct temperature-controlled environments. The design optimizes cold chain efficiency with a variety of specialized storage areas, including a -20°F ultra-low freezer and a 38°F cooler, ensuring a comprehensive solution for various food products.
Loading and Distribution Accessibility
Key features include 44 dock-high loading doors and nine refrigerated docks to facilitate easy logistics and distribution. With 90 trailer parking spots, this facility meets the demands of both frozen and perishable food storage effectively, maximizing operational efficiency.
Strategic Location and Accessibility
Situated at a busy intersection in the area, the facility boasts direct access to major transport routes. It is only two miles from a significant interstate corridor that provides critical connections to key markets across the region. The area sees high traffic volumes, making it an ideal location for logistics operations aiming to maintain efficient distribution networks.
Community Growth and Infrastructure Development
Beyond its strategic positioning, the facility sits within a rapidly growing community, where the local population is projected to increase steadily. Ongoing infrastructure projects, including road enhancements, promise to further boost accessibility, supporting the growth of logistics businesses.
Future Expansion Potential
The offering includes an additional 7± acres of adjacent land, allowing for future expansions or the development of complementary services such as retail spaces or dining options. This land presents a unique opportunity for investors wishing to leverage the facility’s location for further growth.
Expert Insights on the Sale
Industry professionals have highlighted the significance of this sale. Steve Madura, Senior Vice President of Hilco Real Estate Sales, emphasized how this facility can breathe new life into local industry, potentially restoring vital jobs and improving the distribution landscape for local businesses. Chet Evans, Vice President of Hilco, noted that the combination of existing infrastructure and development-ready land creates an attractive prospect for investors looking to capitalize on the booming market.
Bid Submission and Contact Information
Interested parties are encouraged to submit bids by the specified deadline. The bidding process is straightforward, and details are accessible through the auction site managed by Hilco Real Estate Sales. For detailed terms of participation, stakeholders can visit the dedicated auction website.
Building the Future Together
This cold storage facility represents more than just a property; it’s a chance to invest in the future. With the right vision and management, this facility can evolve to meet the demands of an expanding market while also supporting the community's growth. For further inquiries, Steven Madura and Chet Evans are available to provide any additional information and facilitate site inspections.
Frequently Asked Questions
What is the total square footage of the facility?
The facility has a total space of approximately 290,915 square feet.
What cold storage features does the facility include?
It includes temperature-controlled environments such as ultra-low freezers and coolers ranging from -20°F to 38°F.
How can I participate in the bidding process?
Bids must be submitted by the deadline outlined on Hilco Real Estate Sales' website, where additional details can be found.
Is there an opportunity for future expansion?
Yes, the property includes 7± acres of development land adjacent to the facility for future growth potential.
Who can I contact for more information?
For inquiries, you can reach out to Steve Madura or Chet Evans using the contact information provided through Hilco Real Estate Sales.
