Bay Grove Adds To Growing Cold Storage Portfolio

Law360, New York (December 22, 2011, 3:26 PM EST) -- Bay Grove Capital LLC, a private equity firm with a focus on the cold storage industry, has purchased a 335,000-square-foot facility in California for an undisclosed price and will fold it into its portfolio of similar businesses, it said Thursday.

Bay Grove, which has been on a buying spree over the last year, did not name the seller of the facility, located on a 27-acre site in Santa Maria, Calif., and requests for additional information were not immediately returned Thursday.

“This facility will serve as a...
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