Scout Cold Logistics Announces The Acquisition Of 1025 Locust Point Road In Manchester, Pa
04/04/23, 3:26 PM
Scout Cold Logistics ("Scout"), an affiliate of AEW Capital Management ("AEW"), announced today the acquisition of 1025 Locust Point Road in Manchester, PA. The 1.3 million square foot industrial building is currently under construction, and over the next 15 months the property will be re-developed into a grocery distribution facility that has been leased to United Natural Foods, Inc. ("UNFI"). The follow-on development entails a significant investment by Scout to craft the temperature-controlled environment to suit UNFI's operating profile.
Company Info
Company info
: Scout Cold Logistics is a commercial real estate investment and development firm dedicated to temperature-controlled warehousing infrastructure. The company invests in grocery distribution, food production, and non-food perishable facilities adjacent to major population centers throughout the United States. The company is headquartered in Miami, FL with additional offices in Denver, CO and New York City, NY. For more information, please visit www.scoutcold.com