Out of the top 10 cold storage markets by capacity, Texas is the most underserved state with the lowest capacity per capita of the subset. That is soon to change with the development of a 374,560-square-foot speculative cold storage facility being undertaken by a joint venture equity opportunity on behalf of Cold Creek Solutions.
Once completed, the project will be only the 15th cold storage facility constructed in the last 20 years in Texas and one of the first in the Dallas-Fort Worth area. The facility will be constructed in the rapidly growing Denton industrial submarket on roughly 23 acres just northwest of Interstate 35 and Barthold Road.
“Being in close proximity to both Dallas and Fort Worth, our location was chosen to serve businesses that currently operate in the DFW area as well as those coming to the metroplex to take advantage of our booming local economy, and access to our expansive transportation and logistics infrastructure,” said Matt McWilliams, president and managing partner, Cold Creek Solutions LP.
The JLL team representing the developer is comprised of Dustin Volz, Marc Duval, Will Mogk, Dom Espinosa, Wells Waller and Pauli Kerr.
Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
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