Cold Summit Development launched its second project and first in the Phoenix metro area. The 357,000 ft2 multi-tenant cold-storage facility (Cold Summit PHX) is expandable to 485,000 ft2. Construction is anticipated to start immediately, with completion by December 2021.

Cold Summit PHX will include 75,000 pallet positions, flexible structural bay spacing to accommodate multiple racking configurations and a 51' clear height in the warehouse with full temperature convertibility.

The project follows Cold Summit Dallas, which launched in December 2020.