BGO and Yukon Real Estate Partners announced the sale of New Century Cold Storage, a newly built 291,000-square-foot, plant-attached, rail-served cold storage warehouse in New Century, Kansas, to a MetLife Investment Management client.
The facility, owned and co-developed through a joint venture between BGO and Yukon, was purpose-built as a plant-attached, build-to-suit warehouse for CJ Logistics America. “With its purpose-built design, strategic location, and direct integration with food production and logistics operations, we believe this facility will make a meaningful contribution to the strength and resilience of U.S. food supply chains for decades to come,” said Kevin Rivest, Managing Partner, BGO.
The New Century facility is located within the Johnson County Airport Commission’s New Century AirCenter industrial park, with a direct rail spur to the building and access to the BNSF Railway transcontinental intermodal facility. The property is positioned less than four miles from Interstate 35.
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