December 15, 2020
Cold Summit Development has launched its first project in Dallas, a 343,000-square-foot multi-tenant cold storage facility. The $60-million project is located at 2800 Cedardale Rd. on a 29-acre site within the South Dallas industrial submarket.
Sitework and construction is anticipated to start immediately with completion by September 2021. The space is available for lease in customizable suite sizes or for full-building occupancy.
Cold storage has taken center stage this year with food supply chains stretched to the limit during the COVID-19 pandemic, says Cold Summit. But even in non-COVID environments, this supply chain continues to be increasingly relevant, especially in the growth region of Dallas-Fort Worth, said Scott Pertel, president and CEO of Cold Summit Development.
“The food supply chain has always been a critical system of infrastructure, but the pandemic has brought it to the forefront,” Pertel said.
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