FEATURED PROPERTY
AVAILABLE | 223 N. McCaskey Roa, Williamston, NC
This 47,825 SF former processing facility is available for sale or lease. The facility features roughly 40,000 SF of temperature-controlled production space along with freezer, cooler, and blast freezing capabilities.
EXPLORE PROPERTY >
WEEKLY HEADLINES
Nestlé acquires Essentia Water
Nestlé USA announced that it has acquired Essentia Water, a premium functional water brand headquartered in Bothell, Washington. Essentia pioneered ionized alkaline water more than twenty years ago and is the leading brand in that space in the U.S.
READ MORE >
VMG Partners raises $850M for new growth fund
VMG will provide early-stage funding, as well as startup support to portfolio companies. It provides guidance on strategies, from scaling brand awareness to optimizing manufacturing and supply chain operations.
READ MORE >
Target launches grocery brand Favorite Day
The new private label will include more than 700 products like premium ice creams, bakery items, beverage mixers, mocktails and cake decorating supplies. It will hit store shelves and Target’s website in early April.
READ MORE >
Alternative meats bringing uncertain future for farmers
The trend of moving away from the traditional burger intensified earlier this month, when it was announced that McDonalds and Yum! Brands had signed a three-year partnership with the alternative meat company, Beyond Meat.
READ MORE >
Featured Article
Lineage Logistics raises $1.9B to expand cold-storage reach
IThe market for cold storage is heating up as the largest players in temperature-controlled warehousing move deeper into global food supply chains. Lineage Logistics LLC, the largest refrigerated-storage company in the world by space, has raised $1.9 billion in a funding round that will help back additional acquisitions, build new facilities and develop warehouse automation technology. The round brings Lineage’s valuation to around $18 billion. Participants include real-estate investor BentallGreenOak, hedge fund D1 Capital Partners and Oxford Properties Group, which helped develop the Hudson Yards complex in Manhattan. MORE >
Week Ending March 12, 2021
Colliers International
Food for Thought
return home