Miami, Florida, USA The cold storage business of property investment management company BGO has added a 178,000sqft warehouse to its US portfolio.
BGO Cold Chain has acquired Medley Cold, located on a 15-acre site. Medley Cold Logistics adds to BGO Cold Chain’s cold storage portfolio in Florida. This follows the joint acquisition of Miami-based SkyChefs Cold Storage with Iconic Equities in 2023 and complements the firm’s three ongoing development projects in Tampa and Jacksonville, said BGO Cold Chain.
Jonathan Epstein, managing partner and global head of BGO Cold Chain, said: “ “Across an array of our global strategies, Medley Cold Logistics adds to a growing portfolio of over 70 acquired or developed cold storage assets globally, and further underscores our conviction to this asset class and our intention to be a leader for the long term.”