Brief
Walmart Pays $223M for Riverside Cold-Storage Facility
Walmart Realty, a subsidiary of Walmart, has acquired a 507,000-square-foot cold storage facility located at 1001 Columbia Ave. in Riverside, for $223 million. Walmart has been leasing the facility si
Walmart Realty, a subsidiary of Walmart, has acquired a 507,000-square-foot cold storage facility located at 1001 Columbia Ave. in Riverside, for $223 million. Walmart has been leasing the facility since 2010 and will continue to operate it for temperature-controlled distribution. JLL’s Scott Coyle, Peter McWilliams and Tim O’Rourke represented Walmart in the acquisition. Jomar Benoit, Walmart senior manager of industrial real estate, was also... The post Walmart Pays $223M for Riverside
Source
- Connect CREconnectcre.com
