Value and Use are More Than Brick and Mortar

Global Food Properties was pleased to represent an investment partnership in the repositioning of a 72,027 SF frozen production plant coming off a long-term lease. The owners were open to a sale or lease; their only mandate was that the pricing of either reflect critical infrastructure, including refrigerated and frozen storage, elevated electric, and a purpose-built 140-ton pad mounted chiller designed to provide rigorous dehumidification and temperature consistency.

The property attracted significant interest, from tri-temp warehouse operators, to refrigerated and frozen food manufacturers; indeed, the scarcity of available food plants in the Mid-South even led to a bid from a Central Asian distillery. In the end, the property’s physical attributes proved utopian for the manufacture and distribution of artisan pet food, tapping the explosive growth in the premium and fresh categories.

Fluency in infrastructure and use is critical in marketing special use assets. If you’re requirement needs more sophistication than an understanding of ceiling heights, cross docks, and trailers spots, please call our Co-Founder and Designated Managing Broker, Jeffrey J. Counsell at +1 312 589 8844 or jeff.counsell@globalfoodproperties.com.