BentallGreenOak (BGO) secured a $74 million construction loan to finance the development of a modern cold storage facility in Florida. This facility is designed to cater to the increasing demand for temperature-controlled logistics, particularly for food and pharmaceutical sectors. The strategic location and cutting-edge technology will enhance cold chain distribution efficiency across the region.
This project is a continuation of BGO's investments in cold storage infrastructure, responding to the rising need for such facilities due to shifts in supply chain management and consumer demand. The loan enables BGO to expand its presence in this essential logistics sector.
You can read the full article here.