Provender Partners, the premier refrigerated real estate investor in the United States, announced a joint venture with an affiliate of Cerberus Capital Management. The partnership will focus on building a multibillion-dollar portfolio of cold-storage processing facilities in the United States, while bringing vital supply-chain solutions to market.
Furthering Provender Partners’ position as the leading investor of refrigerated real estate in the United States, the joint venture will provide for a broad range of acquisition opportunities in all U.S. markets. Since its founding in 2014, Provender Partners has acquired nearly $500 million of refrigerated real estate totaling 5 million square feet. Cerberus Real Estate has a long track record investing across asset classes, property types and geographies, and has deployed approximately $29 billion of equity in more than 575 transactions around the world. The joint venture will build upon Provender Partners’ industry-leading pl
