A commercial real estate developer plans to build a $40 million cold-storage facility at Pender Commerce Park in Wilmington, N.C.

RealtyLink, a full-service real estate development company, will construct as much as 300,000 ft2 of refrigerated warehouse space that will serve a third-party logistics tenant. Although specifications have not been completely finalized, the facility will include multiple chambers capable of storing goods at temperatures ranging from -20 to 50°F (-28 to 10°C). It will also have clear ceiling heights of 50’.