Locally-based cold storage firm Frozen Assets LLC has signed a lease for 124,406 square feet of space at 555 Northwest Ave.
The lease deal signed with building owner Bridge Development Partners marks Frozen Assets’ second Chicago area cold storage facility. CBRE SVP Steve Livaditis represented Frozen Assets in the lease. John Suerth and Jason Lev of CBRE represented ownership, Bridge Development Partners of Chicago.
Frozen Assets is a third-party provider of temporary storage, turn-key packing, labeling and transportation/export logistics for the cold storage industry.