SCHERTZ, Texas – A new cold storage facility is set to rise along the northeast corridor.
Houston-based real estate firm Boomerang Industrial broke ground on a 325,274-square-foot cold storage project in Schertz, the company announced Monday. The project, a speculative development, is a joint venture with Houston investment firm Marble Capital. Dubbed “STX Frio,” the structure will rise at 22218 FM 2252.
Boomerang acquired the property in 2022, according to Comal County property records. Terms of the deal were not disclosed, but the 25-acre tract was last appraised at about $2.6 million, per the Comal County Appraisal District…