Dallas-Fort Worth-based developer Cold Creek Solutions has leased nearly 50% of its new 374,560 square foot cold storage facility in Denton after executing a 15-year agreement with a leading third-party logistics provider, Southwest Warehouse Services, the company said in a news release.
“We are very excited about the opportunity to create a long-term partnership with the Cold Creek team,” said Todd Hayes, Managing Partner of Southwest Warehouse Services. “The flexibility, responsiveness and capability of the team to accommodate our growing business needs and meet our timing goals has been unprecedented across the cold storage space and will help us continue to provide the best overall experience for our customers.”
“The Cold Creek team is excited to bring this project to the market to help meet the critical need for frozen and refrigerated infrastructure in the DFW Metroplex,” said Cold Creek Solutions President and Managing Partner, Matt McWilliams.
“Being in close proximity to both Dallas and Fort Worth, we chose our location to best serve businesses that currently operate in the DFW area, as well as those coming to the metroplex, to take advantage of our booming local economy and access to our expansive transportation and logistics infrastructure,” McWilliams said in the announcement.
In addition to its Denton facility, Cold Creek Solutions is currently developing four additional projects that include a mix of build-to-suit and market driven solutions across multiple states, the company said.
McWilliams brings a deep background in the cold storage space with relationships across the industry nationwide and the team also has many years of experience developing, building, and managing complex greenfield infrastructure projects that were sold to leading private equity firms, including TPG, KKR and Oaktree.
CCS has partnered with ARCO National Construction for its design, build and construction needs.