Vertical Cold Storage Acquires Self Storage In Burleson From Yukon Ventures And Saxum Real Estate | 6501 Highpoint Parkway | Self Storage | Sale

Summary

Sale

TEXAS

Self Storage

400,000 sqft

A $50 million, 400,000-square-foot cold storage facility located at 6501 Highpoint Parkway in Burleson has been acquired by Vertical Cold Storage, a subsidiary of Platform Ventures. The facility boasts 55-foot clear heights, 53 dock doors, and is intended to be Vertical Cold Storage's second location in the DFW area.

Summary of transation details:

Property Type: Self Storage
Transaction Amount: $50 million
Address: 6501 Highpoint Parkway
Market: Burleson

Yukon Ventures and Anthony Rinaldi of Saxum Real Estate served as the sellers in the transaction. West Hutchison, representing Vertical Cold Storage, was the buyer. The cold storage facility in Burleson is expected to create employment opportunities for up to 70 full-time workers.

Details

Deal Summary

SOLD

IMAGE: West Hutchison & Anthony Rinaldi DATE: 02/28/2024 ADDRESS: 6501 Highpoint Parkway MARKET: Burleson ASSET TYPE: Self Storage ~ SF: 400,000 BUYER: West Hutchison - Vertical Cold Storage (@VerticalColdStorage) SELLER: Yukon Ventures; Anthony Rinaldi - Saxum Real Estate (@Saxum_Real_Estate) NOTE: Vertical Cold Storage, a Platform Ventures subsidiary, acquires a $50 million, 400,000-square-foot cold storage facility in Burleson, its second DFW location. The facility, with 55-foot clear heights and 53 dock doors, aims to employ up to 70 full-time workers.

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Address6501 Highpoint Parkway

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