SpartanNash sold four food production and distribution facilities for nearly $30 million to Provender Partners, an investor in food-related industrial buildings, the company announced this week.
The buildings total 483,000-squre feet and include temperature-controlled facilities across the country. They are: a 171,371-square-foot food processing and distribution facility in Indianapolis; a 160,986-square-foot food distribution facility in Minot, North Dakota; a 103,838-square-foot grocery-produce distribution cross-dock facility in Newcomerstown, Ohio; and a 42,124-square-foot, rail-served frozen-and-refrigerated distribution facility in Lakeland, Florida.
The facilities became available after SpartanNash acquired several assets from Caito Food Services, including its food distribution business. Provender Partners said. The four buildings were redundant for Grand Rapids, Michigan-based SpartanNash.
SpartanNash operates 147 supermarkets under banners such as Family Fare, Martin’s Super Markets and D&W Fresh Market, but it also is a distributor and wholesaler with a diverse group of accounts that includes independent and chain grocers, e-commerce retailers and military commissaries, as well as its own stores.
With this latest acquisition, Provender said it has acquired 1.8 million square feet of cold storage and temperature-controlled facilities this year.
“These buildings are an important part of the food supply chain in their respective regions,” Provender VP Edward McLaughlin said in a statement.
Provender said it plans to lease the properties to grocers, foodservice companies and logistics firms for regional and last-mile distribution.
“We are already seeing proposals on two of the buildings,” McLaughlin said.
SpartanNash last month announced the hiring of Nicole Zube as chief human resources officer.