[Little Rock, AR] – Box Equities, a leading real estate investment firm specializing in industrial assets across the US, proudly announces its recent acquisition of a state-of-the-art cold storage distribution facility in Little Rock, Arkansas. The facility is currently occupied by Performance Food Group, a Fortune 150 company, further strengthening Box’s portfolio of high-quality assets.
By investing in strategic locations with top-tier tenants, the company continues to deliver exceptional value and drive sustainable growth for its stakeholders. The transaction closed on May 17, 2023, further expanding the company’s portfolio nationwide, and the second industrial property in Arkansas.
The newly acquired 305,000 square foot distribution facility, boasts modern infrastructure and cutting-edge technology to meet the increasing demands of the cold storage industry. With its impressive capacity and exceptional operational efficiency, this facility offers an ideal solution for PFG’s cold storage solutions.
The cold storage asset class is currently experiencing a boom, as there is a growing need for preserving products to and from their final destinations. Ori Schwartz, Co-Founder and Director of Acquisitions at Box Equities, brought to light that “this is Box’s first cold storage property, but we plan to add more to the portfolio as the fundamentals are truly incredible, and the demand is exuberant in comparison to limited supply.”
One of the highlights of the asset is that it is a major Southeast hub for Performance Food Group, illustrating the property’s attractiveness and desirability within the region’s industrial sector. This long-term, single-tenant arrangement underscores the stability and reliability of the investment.
Furthermore, the strategic location of the facility enhances its market appeal. Little Rock is an up and coming logistics hub in the South. The city offers excellent transportation infrastructure and easy access to major highways, rail networks, and regional distribution centers, which are home to major retailers including Walmart. This prime location facilitates efficient logistics operations, enabling seamless supply chain management for PFG.
“We are thrilled to add this outstanding cold storage distribution facility to our portfolio,” said Mac Dabah, Managing Director at Box Equities. “This facility presents an exceptional opportunity to capitalize on the growing demand for cold storage solutions, and we look forward to working closely with PFG to ensure their continued success.”
For more information about Box Equities and its portfolio of industrial real estate assets, please visit https://boxequities.com/ or contact info@boxequities.com.
About Box Equities:
Box Equities is a private real estate investment firm, focused on industrial assets across the U.S., where our deep retail and supply chain expertise add value for our investors, tenants, and local communities. For more information, visit: https://boxequities.com/