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Yukon Ventures and Saxum Real Estate broke ground on their 403,000-square-feet cold storage and distribution center at HighPoint Business Park in Burleson Texas on Thursday, October 1, 2020. Premier Refrigerated Warehouse will be the anchor tenant of the new building and will occupy approximately half of the new facility.
“We are excited to deliver a state-of-the art warehouse to Burleson, anchored by one of the best operators in the business. This is a tremendous opportunity for Premier to increase their capacity and continue to deliver first-class customer service to their accounts and service new ones,” said Oliver Davis-Urman, Co-founder and Managing Partner at Yukon Ventures.
Yukon Ventures, along with Saxum Real Estate is the ownership group of the $50 million capital investment that has approximately 200,000 sf of speculative space available for lease in the facility.
Yukon Venture Partners, LLC (YVP), was formed in 2018 by Marty Khait and Oliver Davis-Urman in Austin, TX, to develop and finance cold storage facilities.
“This journey began over eight years ago,” said Ron Buford, president and CEO of Premier Refrigerated Warehouse. “My company is currently in a building in Fort Worth that was built in 1954, so we are very excited to stand here and see dirt turning for our new facility.”
“We look forward to becoming a corporate citizen of Burleson,” added Buford. “We are also excited that one of our largest customers, McLane Classic Foods, is our neighbor across the street in Burleson.”
The project started site work at the end of August 2020 and expects to complete construction in October 2021.