The investment strengthens Pacific Seafood’s presence in the Southeast and supports its long-term growth strategy to double in size by 2031.
Pacific Seafood, a US-based company, announced on Monday the completion of its acquisition of a 26,000-square-foot distribution and processing facility in Doral, Florida.
The property was previously owned by NovoMar, which put it up for sale last fall as part of a liquidation process.
“With Florida’s rapidly growing population and a $53.2 billion (€48.6 billion) grocery market, this investment enhances Pacific Seafood’s footprint in the Southeast and supports our long-term growth plan, Mission 31, to double in size by 2031,” the company stated in a press release.