The Port of Pasco will sell 30 acres at its Reimann Industrial Center to an Idaho-based cold storage company.  

Port commissioners approved the $4.5 million purchase-and-sale agreement with Cold Summit Development on April 9. Commissioners originally approved the sale in March but the company sought a change to the contract terms for permitting and building timelines to satisfy its lender.   

Port staff said Cold Summit has a good history of completing its past projects and its plans for the proposed facility at Reimann fit the port’s goals.  

“There have been no failed projects since they started,” Stephen McFadden, the port’s director of economic development and marketing, told commissioners during the meeting. “We still remain confident they can complete this project.”  

Port officials said last year that Darigold was in discussions with a cold storage company to potentially co-locate with its facility under construction at Reimann. Cold Summit also leases space in one of its Dallas facilities and one in Arizona to Michigan-based Lineage Logistics, whose 12-acre cold storage facility in Finley was destroyed by fire in the summer of 2024. Lineage also has warehouses in Pasco, Richland, Prosser and Grandview.   

Cold Summit was founded in 2019 and has six cold storage facilities across the country, with three of them fully leased out and another available for lease beginning in the second quarter of this year.    

The Pasco facility would be Cold Summit’s only Pacific Northwest property.    

Jason Fincher, the company’s vice president of strategy and logistics, told the Tri-Cities Area Journal of Business the design of the facility has not yet been finalized. Rather, the company will tailor the building to the specific needs of the region’s cold storage and food logistics operators.  

“We have a strong belief in the Tri-Cities market and look forward to engaging more directly with local officials and businesses now that the land sale is approved and we move into the entitlement process,” Fincher said in a statement, adding that Cold Summit is “eager to speak with local companies to better understand their requirements and to design a facility that supports their success.”  

The company’s facilities are built with materials sourced in the U.S. with a focus on environmentally friendly and sustainable materials. They are also designed to accommodate on-site solar generation. Cold Summit says it is the only cold storage real estate developer that partners with EnergyStar, the energy efficiency certification program from the Environmental Protection Agency.    

One of the company’s two facilities in Dallas was built on a similarly-sized parcel of land in 2021. It is 343,000 square feet and cost about $60 million to construct.