Cold storage properties are growing in popularity across the nation, and one local investor is bullish on the trend outside of the county.
Irvine-based The Koll Company has acquired a nearly 80,000-square-foot food distribution warehouse building in Las Vegas for $18.6 million, bringing its portfolio in the city to just shy of 1 million square feet.
The development and investment company paid all cash for the LEED-certified building that was built in 2015 for Chefs’ Warehouse, a specialty wholesale distributor for restaurants, hotels, country clubs and food stores. Clients include celebrity chefs Thomas Keller, Michael Mina, Nancy Silverton and Daniel Boulud, among others.