2800 Polar Way
| 2800 Polar Way | |
|---|---|
 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 |
| Current tenants | Preferred Freezer Services |
| Construction started | May 12, 2014[1] |
| Completed | July 2015 |
| Opening | July 24, 2015[2] |
| Cost | $115 million |
| Owner | Lexington Realty Trust |
| Height | 116 ft (35 m)[3] |
| Dimensions | |
| Other dimensions | 505,139 sq ft (46,928.9 m2)[3] 36,340,650 cu ft (1,029,053 m3)[3] |
2800 Polar Way is a
freezer on Earth.[6]
Holliday Fenoglio Fowler (HFF)[7] financed the build-to-suit refrigerated warehouse for tenant Preferred Freezer Services.[8][6] The project broke ground on May 12, 2014,[9] and opened in late July 2015.
In 2016, HHF sold the property to Lexington Realty Trust,REIT company. In 2019, Lineage Logistics acquired Preferred Freezer, and continues to operate the facility.[10][11]
Capacity
The warehouse has an area of 505,139 square feet (46,928.9 m2)—of which 456,412 square feet (42,402.1 m2) is refrigerated—and a volume of 36,340,650 cubic feet (1,029,053 m3). The facility is capable of storing about 350 million pounds (160 kt) of frozen food.[12] 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.[4]
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.
- ^ a b c 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.
- ^ a b 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.
- ^ a b Folsom, Geoff (February 23, 2015). "North America's largest freezer nearing completion in north Richland". Tri-City Herald. Kennewick, WA. Retrieved May 15, 2018.
- ^ a b 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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