principal executive offices are located at 8201 Peters Road, Suite 1000, Plantation, FL 33324, and our telephone number is (954) 255-4000.
−Removed: We have no long-term lease commitment.
We lease several distribution center facilities:
Shepherdsville,
−Removed: Kentucky — A 672,087 square foot facility (including 30,000 square
−Removed: feet of cold storage) leased for $4.48 per square foot through November 30, 2024.
−Removed: revised the lease and extended the term through January 31, 2031, at a rate of $5.86 per
−Removed: square foot with 3.25% annual increases to base rent.
−Removed: In addition, we retain the right to
−Removed: extend for an additional term of five years at fair market rent.
−Removed: Minnesota — A 162,753 square foot facility leased for $4.43 per square
−Removed: foot with 2% annual escalations through May 31, 2024, at which time the lease was allowed
−Removed: to expire, and operations were consolidated in our Shepherdsville, KY location.
−Removed: Minnesota — A 29,688 square foot facility leased for $5.53 per square
−Removed: foot through September 30, 2025.
+Added: Kentucky — A 662,087 square foot facility leased for $5.86 per square foot through January 31, 2031.
+Added: 3.25% annual increases to base rent.
+Added: In addition, we retain the right to extend for an additional term of five years at fair market
+Added: Shepherdsville,
+Added: Kentucky (Additional Storage Facility) We have vacated our previous cold storage building and moved to a new facility
+Added: that charges $11.00 per pallet with a $14,000 monthly minimum, which equates to 1,273 pallets.
+Added: This facility can accommodate up to
+Added: There is no time limit set for this agreement
+Added: Minnesota — A 29,688 square foot facility leased for $7.84 per square foot through September 30, 2025.
also maintain marketing and sales offices in six cities throughout the United States and believe our facilities are adequate and suitable
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