2800 Polar Way

Last updated
2800 Polar Way
2800 Polar Way.jpg
The facility in 2016
2800 Polar Way
General information
StatusCompleted
Type Cold storage facility
Address2800 Polar Way
Richland, Washington
Coordinates 46°20′09″N119°18′16″W / 46.3357°N 119.3044°W / 46.3357; -119.3044
Current tenants Preferred Freezer Services
Construction startedMay 12, 2014 (2014-05-12) [1]
CompletedJuly 2015
OpeningJuly 24, 2015 [2]
Cost$115 million
OwnerLexington Realty Trust
Height116 ft (35 m) [3]
Dimensions
Other dimensions505,139 sq ft (46,928.9 m2) [3]
36,340,650 cu ft (1,029,053 m3) [3]

2800 Polar Way is a cold storage facility located in Richland, Washington, United States, where it dominates the northern landscape. [4] It is both the largest refrigerated warehouse [5] and the largest automated 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.

Contents

In 2016, HHF sold the property to Lexington Realty Trust, [7] an S&P 600 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

  1. ↑ "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.
  2. ↑ Barmakian, Ed (July 25, 2015). "ChathamSTEM Students from New Providence Visit Preferred Freezer Services". TAPinto New Providence. Retrieved May 15, 2018.
  3. 1 2 3 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.
  4. 1 2 Morrow, Jeff (15 April 2019). "$35 million project in works at Preferred Freezer Services". tricitiesbusinessnews.com. Retrieved 2021-09-07.
  5. ↑ "Surface Transportation Board Decision". City of Richland . Retrieved May 15, 2018.
  6. 1 2 Folsom, Geoff (February 23, 2015). "North America's largest freezer nearing completion in north Richland". Tri-City Herald . Kennewick, WA. Retrieved May 15, 2018.
  7. 1 2 Dolce, Natalie. "$110M Goes to Fund Warehouse Buy". globest.com. Retrieved 2021-09-08.
  8. ↑ Murray, Barbra (22 January 2016). "Mammoth Refrigerated Warehouse Lands a Cool Deal". commercialsearch.com. Retrieved 2021-09-08.
  9. ↑ 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.
  10. ↑ Keenan, Tim (25 November 2020). "Cold Growth". dbusiness.com. Retrieved 2021-09-07.
  11. ↑ Phillips, Erica E. "Lineage Logistics Buys Rival Preferred Freezer Services". WSJ. Retrieved 2021-09-07.
  12. ↑ Folsom, Geoff (November 14, 2015). "The big chill: A journey through the largest freezer in North America". Miami Herald . Retrieved May 15, 2018.


Factory.svg

This industry-related article is a stub. You can help Wikipedia by expanding it.

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.