The article covers Karis Cold Storage’s recent $7.5 purchase of 5115 S. Millard in Chicago. CEO Jake Finley noted the firm was attracted to this property’s plug-and-play new condition and proximity to downtown, a major labor base and transportation hubs, as well as Chicago’s strength as the top food-producing city in North America.
Karis Cold Storage Launches Specialized Nationwide Investment Platform with Initial Cold Storage Real Estate Investments in Chicago, Los Angeles and Denver
The company will develop and modernize supply chain facilities to meet the evolving needs of cold storage users. Expected customers including food, life sciences, and floral suppliers, as well as the third-party logistics companies who serve them.