Salinas Cooler Portfolio
A diversified portfolio of transformational post-harvest agriculture investments that support the movement of fresh produce from field to table
PHT Investment Group launched Salinas Cooler Portfolio to make direct investments into a diversified portfolio of assets serving as critical infrastructure for our nation’s Grower-Shippers.
Salinas Cooler Portfolio is structured as an SPV with the purpose of acquiring, developing, and leasing a portfolio of Pre-Cooling and Cold Storage facilities, specialized Pre-Cooling equipment, and clean energy and solar projects supporting the movement of fresh produce from field to table.
Our projects are located in the two largest markets for fresh produce in the country: Salinas Valley, California and Yuma, Arizona.
Acquire, Design, Build & Lease
As leaders in the acquisition, development & operation of Pre-Cooling, Cold Storage and Processing facilities, PHT will compile the largest portfolio of temperature-controlled facilities for the fresh produce industry in the nation.
Through our Salinas Cooler Portfolio, PHT will acquire and develop the following projects:
Acquisition and Redevelopment of our flagship 28-Acre Pre-Cooling, Cold Storage, and Processing campus located in Salinas, CA
Acquisition and Development of 10 Acres in Yuma, AZ into a Pre-Cooling, Cold Storage, and Processing Facility
Acquisition and Development of 150 Acres (Parcels A, B, and D) located within the Salinas Ag-Industrial Center in Salinas, CA
Acquisition, Leasing and Financing of Specialized Pre-Cooling equipment
Along with these projects, we will seek to acquire and develop other projects in our pipeline, including:
Acquisition and Development of 73 Acres located within the Heavenly Valley Ranch Development in Gonzales, CA
Microgrid Alternative Energy Solutions
Development of a state-of-the-art Consolidation Center / Cross-Dock facility for a Major Food Distributor in Salinas or Yuma
portfolio project #1
GIC Salinas Campus Redevelopment
The Redevelopment of our iconic 28-Acre Commercial Pre-Cooling, Cold Storage & Processing Campus
PHT will acquire, redevelop, operate, and lease a 28-Acre Pre-Cooling, Cold Storage and Processing campus located in Salinas, California. As the anchor project in the Salinas Cooler Portfolio, our 28-Acre campus is shovel ready and will be the first property developed.
Our new state-of-the-art facility will employ renewable energy, automation, and enhanced truck flow to maximize throughput and minimize costs.
There are currently four separate coolers:
- Cooler 1: 49,126 sq. ft.
- Cooler 2: 38,012 sq. ft.
- Cooler 3: 57,433 sq. ft.
- Cooler 4: 63,026 sq. ft.
The 2026 Season
We are building the most technologically-advanced Pre-Cooling and Cold Storage facility in the nation.
GIC Salinas Campus will be the only facility of its kind to leverage renewable energy, automation, intelligent temperature monitoring, solar-lined shade bay, and enhanced truck flow.
Our design will ensure that the cold chain is never broken, prioritizing food safety, extending shelf life, and significantly improving product quality.
Upon completion, our new 28-Acre Campus will feature the following:
- Located in Salinas, CA right off Highway 101
- 357,000 SF temperature-controlled building including 125,000 SF of cold storage and a 199,000 SF processing facility including office space, raw product space, and cooler for processing
- 500,000+ SF of solar PV-lined shade bay protecting incoming product from the elements
- 500+ POV spots and 50 long-haul truck parking stalls
- On-site microgrid system with solar, cogeneration and battery backup
- Food and beverage venues
- Designing for throughput volume of 66M units and 340 million pounds of raw product per annum – an increase of over 2x existing conditions
portfolio project #2
55-Acre Salinas Ag-Industrial Center Development
The Greenfield Development of 55 Acres into Pre-Cooling, Cold Storage & Processing Facilities
The Salinas Ag-Industrial Center is the last remaining acreage available for development in Salinas. It is comprised of 257 Acres and is designed to promote new and relocating agricultural-related industries and innovation for Salinas Valley’s pre-cooling and cold storage industry.
PHT Investment Group will acquire 150 acres within the Salinas Ag-Industrial Center, complete the infrastructure development, and develop an initial 32 acres on Parcel A and 23 acres on Parcel B into cutting edge Pre-Cooling, Cold Storage and Processing facilities. The remaining acreage on Parcel D will be built out over the next 5 years.
portfolio project #3
10-Acre Yuma Cooler Development
The Development of a 10-Acre Commercial Pre-Cooling and Cold Storage Facility
PHT will develop a 10-acre parcel located in Yuma, Arizona into a 60,000 SF pre-cooling and cold storage facility. PHT currently owns the land, and will develop a state-of-the-art cooler in Yuma, AZ – the Winter Salad Bowl of the World.
portfolio project #4
Specialized Pre-Cooling Equipment Acquisition, Leasing and Financing
PHT IG will acquire, lease and finance specialized Pre-Cooling equipment required by Grower-Shippers and operators along the fresh produce supply chain.
Pre-Cooling is an essential step in the process of delivering fresh vegetables and produce from seed to table. It refers to the rapid removal of field heat shortly after the harvest of a crop
This critical step extends the shelf life of fresh produce, expands the markets, and significantly reduces food waste and spoilage
PHT will enter into long-term leases for Pre-Cooling Equipment sales, leasing and financing. Revenue will be based on lease income and maintenance service agreements