FreezPak Logistics, BG Capital partnership set to develop 30-acre parcel outside Houston, TX

Houston, TX The newly created strategic partnership between Philadelphia-based BG Capital and NJ-based FreezPak Logistics announce the acquisition and planned development of their second new construction cold-storage facility as part of their effort to build a network of cold storage distribution centers across the country.

The partnership (BGFP International LLC) acquired the 30.7-acre site at 7818 Fisher Rd., near the Port of Houston in the Cedar Port Industrial Park for $9 million from TGS Cedar Port Partners.

The project is set to break ground on the 1^st phase of construction in April and will include a 281,849 s/f temperature-controlled warehouse for a total capital investment estimated to be around $102 million that will be leased solely by FreezPak Logistics on a long-term lease agreement. The site can also accommodate a 2nd phase of construction to increase the total building size to 547,083 s/f.

The two-phase construction process of the Houston facility could accommodate a total of 141 trailer parking stalls, 64 truck stalls, 3 rail bays, and 131 additional car parking. The total facility would have a 67’ clear height with 408,213 s/f freezer space and 110,142 s/f temperature controlled cooler dock for a total as-complete building size of 547,083 s/f. The building is designed to install a fully automated ASRS Automated Storage and Retrieval System in a portion of the building and will also include blast freezing, cross docking, transportation, repacking, and overseas container plug in. FreezPak Houston will be in proximity to Route 99, Route 146, Route 225, I-10 and only 13.7-mile drive from the Port of Houston and contain direct rail access to the facilities cold dock.