DALLAS—There are many firsts to come out of the COVID crisis, but cold storage isn't one of them. In reality, the industrial sector is far from being new to the party.

In response to demand related to and beyond the pandemic, Cold Summit Development recently launched its first project, a 343,000-square-foot multi-tenant cold storage facility. The $60 million project is located at 2800 Cedardale Rd. on a 29-acre site within the South Dallas industrial submarket.

Cold Summit Dallas will be only the 12th cold storage facility built in the DFW MSA in the last 20 years. Other recent developments by FedEx and KeHe Distributors in South Dallas highlight the industrial growth of the submarket.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.