JLL secures $33.9 Million construction loan for Rhode Island cold storage expansion
United States, March 13 -- JLL Capital Markets announced that it has arranged $33.9 million in financing for the expansion and renovation of Cold-Link Logistics Providence, a specialized temperature-controlled cold storage facility located at 1 All American Way in North Kingstown, Rhode Island. The project will renovate and expand the existing 64,000-square-foot tri-temperature facility by adding 65,000 square feet of dedicated state-of-the-art freezer space.The expansion centers on the addition of a state-of-the art 65,000-square-foot freezer facility that will introduce 13,400 new pallet positions to meet growing regional demand for temperature-controlled storage space in New England. The project also includes the conversion of 3,000 squa...
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