RealCold, backed by Related Fund Management, part of 50-year-old real estate developer and operator Related Companies, announced its new full cold chain logistics firm.

The intent is to run Class-A cold storage facilities, starting with locations in Lockhart, Texas and Lakeland, Florida, according to the company's website.

The Lockhart location will have 312,000 square feet, 34,700 pallet positions with 96-inch openings, 16,000 square feet of office, 50-foot clear height, more than 40 dock doors, a refrigerated dock, and more than 60 trailer parking spots.

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