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 […]
Neil Johnson, founder and CEO of Provender Partners, recently shared his insights into COVID-related food supply chain challenges as well as reorganization solutions to help consumers during unprecedented conditions. Read on GlobeSt.com
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 […]
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, […]
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 […]
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 & […]
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.
Provender Partners is pleased to announce a 10 year lease to Dollar General (a Fortune 119 Company) at the Provender Midwest Food Center, a 232,556 SF freestanding freezer/cooler distribution facility located in the greater St. Louis MSA. Commencing early December 2019 this is the second lease PP 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. Learn more about our other available food & beverage processing and distribution facilities!
Please join us in welcoming Cynthia Jimenez to the Provender Partner’s team as our new Senior Property Manager! Cynthia brings over 13 years of property management experience to her daily management of property operations, interaction with Property Managers and tenant relations.