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Provender Partners Recapitalizes 1 Million-Square-Foot Cold Storage Portfolio at $158 Million

New Partner StepStone Real Estate Provides Additional Capital for Future Deals
Preferred Meal Systems leases the cold storage facility at 5240 St. Charles Road in Berkeley, Illinois, that was part of the recapitalization. (Provender Partners)
Preferred Meal Systems leases the cold storage facility at 5240 St. Charles Road in Berkeley, Illinois, that was part of the recapitalization. (Provender Partners)
CoStar News
January 26, 2023 | 9:18 P.M.

Provender Partners and StepStone Real Estate completed a $158 million recapitalization of a 1 million-square-foot cold storage portfolio.

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