Provender Partners and Cerberus Announce Joint Venture

Partnership Builds on Provender Partners’ Position as Premier Refrigerated Real Estate Investor in the U.S. Provender Partners, the premier refrigerated real estate investor in the U.S., today announced a joint venture with an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing. The partnership will focus on building a multibillion-dollar portfolio of cold storage and processing facilities in the United States, while bringing vital supply chain solutions to market. Furthering Provender Partners’ position as the leading investor of refrigerated real estate in the United States, the joint venture will provide for a broad range […]

Provender Partners Leases Maryland Food Distribution Center to Nash Finch Company

Premier Refrigerated Real Estate Investor in the U.S. Secures 7-Year Lease with Fortune 500 Company Provender Partners today announced it has secured a 7-year lease with Nash Finch Company, a Fortune 500 company involved in food distribution primarily to independent supermarkets. Nash Finch Company has leased the entire 363,872 SF freestanding food distribution center located at 8024 Telegraph Road, Severn, Maryland. Ideally positioned near the Baltimore Washington Corridor, the tri-temperature food campus offers freezer, cooler and ambient temperature warehouse space. The total lease consideration is $25.760 million. David Dannenfelser of Jones Lang LaSalle and Chris Cummings of Colliers […]

Provender Partners Acquires Two Cold Storage Facilities in San Francisco Area

Acquisitions Expand the Portfolio of Premier Real Estate Investor / Operator of Food Related Industrial Buildings in the U.S. Provender Partners today announced it has acquired two facilities in the San Francisco area totaling more than 160,000 SF of space on more than 8 acres of land. The transaction adds to its acquired portfolio of more than 5M SF of refrigerated real estate throughout the United States. Provender Partners purchased two properties, 860 and 940, both on 81st Avenue in Oakland, California. Both facilities include freezer, cooler and dry storage and are ideally positioned near the Port of […]

Provender Partners Announces Sale of Two Grocery Distribution Centers

After More Than $6 Million in Recent Improvements, Provender Partners Sells Two Freezer/Cooler Facilities Totaling More Than 500,000 SF of Space Provender Partners today announced it has sold two facilities totaling more than 500,000 SF of space in St. Louis, Missouri and San Antonio, Texas. Both purchased in 2019, Provender Partners invested more than $6 million in extensive improvements and renovations to the distribution centers before securing 10-year leases from Dollar General in both locations. With freezer, cooler and dry storage, the Properties are part of Dollar General’s new DG Fresh initiative to bring logistics capabilities in-house, seeking […]

Helping With Shifts In US Food Supply Chain Dynamics

Acquisition Announcement: Provender Partners Acquires Two Chicago – Area Processing Facilities

Two Acquisitions Expand Provender Partners Portfolio and Help With Shifts in Food Supply Chain Dynamics Provender Partners today announced it has acquired two facilities in the Chicago area totaling more than 220,000 square feet of space and land at properties in the Chicago-area market, adding to its portfolio of more than 5M SF of refrigerated real estate throughout the United States. Provender Partners has acquired a food processing facility located in the O’Hare submarket at 5420 St. Charles Road in Berkeley, Illinois. The 141,000 SF facility is currently 100% leased to Preferred Meals, Inc., a leading provider of […]

Helping With Shifts In US Food Supply Chain Dynamics

Acquisition Announcement: Helping With Shifts In US Food Supply Chain Dynamics

Provender Partners is pleased to announce the acquisition of 525 W. Crossroads Parkway in the City of Bolingbrook, Illinois. Located in the heart of Chicagoland, aka the “Silicon Valley of Food & Beverage,” this location is ideal due to its long roster of Food & Beverage companies such as Mars, Wrigley, ConAgra, etc., and talent pool from area universities that fuel the food manufacturing labor base. The property is an 81,000 SF vacant meat processing plant, with robust waste water treatment capabilities, spiral freezer, ovens and smokers. As meat processors throughout the country seek geographic diversity and redundancy, […]

Dollar General

Dollar General Selects 285,476 SF Provender Partners Food Center for San Antonio Expansion

Provender Partners is pleased to announce a 10-year lease to Dollar General (a Fortune 119 Company) at the Provender San Antonio Food Center, a 285,476 SF freestanding grocery/foodservice warehouse located in San Antonio, Texas directly adjacent to several of HEB’s facilities. Commencing early May 2020, this is the third lease Provender has completed with Dollar General in the last year. We are excited for Dollar General to occupy this high-quality asset as they continue to expand their grocery distribution footprint. Provender continues to execute through these turbulent times supporting the national food supply chain.  Learn more about our […]

Fort Worth, Texas

Provender Partners Sells 1.1 Million SF Logistics Center in South Ft. Worth Texas

We’re excited to announce that Provender Partners recently closed on the sale of the Provender Logistics Center in the highly desired South Fort Worth industrial submarket. This state-of-the-art facility is a tri-temp distribution center totaling 1,128,165 square feet. The freezer/cooler portion of the facility is 100% leased to McLane Company, Inc. through May 2029. The fact that we are able to transact through challenging financial times such as these is a testament to our product type and the essential nature of food, look for more news from us shortly!    Learn more about our other available food & […]

Industry Expert Justin Barney Joins Provender Partners 

Please join us in welcoming Justin Barney to the Provender Partner’s team as our new Project Manager! Justin brings over 20 years of experience in the architectural, engineering, and construction industry with expertise in areas such as commercial interiors, tenant improvement, big box, retail, and industrial type projects.