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DescriptionTHIS OFFERING is for the opportunity to acquire a multi-building cold storage facility designed specifically for hop storage and constructed between 2015 to 2016. Of the approximately 59,960SF of improvements, approximately 51,960SF consists of cold storage space, while the remaining approximately 8,000SF is dry storage, which includes a basic office area consisting of approximately 800SF. Located in a strong, vibrant industrial submarket area with numerous nearby industrial buildings selling at premiums to the offering price, the property might be repurposed to traditional dry storage or flex warehouse space, which is in high demand and short supply.The property is being sold as part of a Chapter 11 trustee sale, therefore any sale is subject to court approval.
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