BentallGreenOak (BGO) has committed to providing capital to fund real estate development in Ti Cold Development, a division of Tippmann Innovation, a nationally recognized leader in cold-storage design and construction.
BGO's equity commitment to Ti Cold Development will support all of the construction and development of state-of-the-art cold-storage assets in the United States and Canada, beginning with two projects under way in Phoenix and Reno, Nev.
"Ti has a deep relationship with BentallGreenOak — dating back to our first engagement with the firm in the development of a cold-storage facility in Seattle in 2017. BGO's global track record of investment in cold-storage real estate development is strong. Drawing on our relationship with BGO as our capital partner, Ti Cold Development is positioned to continue building on the foundation it has laid over the course of two decades to continue advancing the development of essential cold-storage infrastructure in unde