New Cold Storage Facility Planned for South Florida

A partnership is building a 312,000-square-foot cold storage facility for imported perishables in South Florida by the fourth quarter of 2021.

Joint venture partners Bridge Development Partners and PGIM Real Estate announced the purchase of a 20.08-acre site in Hialeah, Fla.

The partnership will deliver its first South Florida project, to be called Bridge Point Cold Logistics Center, according to the release. Construction of the cold storage facility — no tenants are yet confirmed for the facility — will be completed by the fourth quarter of 2021, company officials said in the release.