U.S.: Chiquita buys Dallas cold storage facility
Fresh produce multinational Chiquita Brands has opted to buy a cold storage warehous it was previously leasing in Dallas, Texas, website Bizjournals.com reported.
The 113,000-square-foot facility in Grand Prairie was purchased by Switzerland-headquartered Chiquita and its Fresh Express brand for US$19.5 million, the story reported.
The deal was reportedly brokered by Colliers International vice president Marc Bonilla.
"This institutional grade industrial asset combined outstanding functionality with an incredible opportunity for the tenant to expand the building footprint in one of the strongest sub-markets in the country - Dallas/Fort Worth," Bonilla was quoted as saying.
"This was a strategic purchase on behalf of the tenant — Chiquita Brands International, Inc."