2800 Polar Way | |
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The facility in 2016 | |
General information | |
Status | Completed |
Type | Cold storage facility |
Address | 2800 Polar Way Richland, Washington |
Coordinates | 46°20′09″N 119°18′16″W / 46.3357°N 119.3044°W / 46.3357; -119.3044 |
Current tenants | Preferred Freezer Services |
Construction started | May 12, 2014 (May 12, 2014) |
Completed | July 2015 |
Opening | July 24, 2015 |
Cost | $115 million |
Owner | Lexington Realty Trust |
Height | 116 ft (35 m) |
Dimensions | |
Other dimensions | 505,139 sq ft (46,928.9 m) 36,340,650 cu ft (1,029,053 m) |
2800 Polar Way is a cold storage facility located in Richland, Washington, United States, where it dominates the northern landscape. It is both the largest refrigerated warehouse and the largest automated freezer on Earth. Holliday Fenoglio Fowler (HFF) financed the build-to-suit refrigerated warehouse for tenant Preferred Freezer Services. The project broke ground on May 12, 2014, and opened in late July 2015.
In 2016, HHF sold the property to Lexington Realty Trust, an S&P 600 REIT company. In 2019, Lineage Logistics acquired Preferred Freezer, and continues to operate the facility.
Capacity
The warehouse has an area of 505,139 square feet (46,928.9 m)—of which 456,412 square feet (42,402.1 m) is refrigerated—and a volume of 36,340,650 cubic feet (1,029,053 m). The facility is capable of storing about 350 million pounds (160 kt) of frozen food. 2800 Polar Way is the largest refrigerated building on earth by usable volume.
In 2019, the company purchased an additional 8.6-acre (3.5 ha) lot to expand facilities by one third.
References
- "Preferred Freezer Services Constructing Massive Facility: Newest facility in Richland, Washington Will Utilize Advanced Automation" (Press release). Preferred Freezer Services. 23 September 2014. Retrieved May 15, 2018 – via Global Cold Chain Alliance.
- Barmakian, Ed (July 25, 2015). "ChathamSTEM Students from New Providence Visit Preferred Freezer Services". TAPinto New Providence. Retrieved May 15, 2018.
- ^ West, Mark; Murphy, Kristen (January 20, 2016). "HFF Arranges $110 Million Acquisition Financing for the Largest Refrigerated Warehouse in North America" (Press release). Holliday Fenoglio Fowler. Retrieved May 15, 2018 – via Business Wire.
- ^ Morrow, Jeff (15 April 2019). "$35 million project in works at Preferred Freezer Services". tricitiesbusinessnews.com. Retrieved 2021-09-07.
- "Surface Transportation Board Decision". City of Richland. Retrieved May 15, 2018.
- ^ Folsom, Geoff (February 23, 2015). "North America's largest freezer nearing completion in north Richland". Tri-City Herald. Kennewick, WA. Retrieved May 15, 2018.
- ^ Dolce, Natalie. "$110M Goes to Fund Warehouse Buy". globest.com. Retrieved 2021-09-08.
- Murray, Barbra (22 January 2016). "Mammoth Refrigerated Warehouse Lands a Cool Deal". commercialsearch.com. Retrieved 2021-09-08.
- Foster, Drew (August 29, 2014). "Deep (and tall) freeze coming to Richland with new storage facility". Tri-City Herald. Kennewick, WA. Retrieved May 15, 2018.
- Keenan, Tim (25 November 2020). "Cold Growth". dbusiness.com. Retrieved 2021-09-07.
- Phillips, Erica E. "Lineage Logistics Buys Rival Preferred Freezer Services". WSJ. Retrieved 2021-09-07.
- Folsom, Geoff (November 14, 2015). "The big chill: A journey through the largest freezer in North America". Miami Herald. Retrieved May 15, 2018.
External links
- Lineage Logistics website
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