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Vineland underwrites expansion for First Choice Freezer and M&O Freezer


VINELAND – A $6.5 million municipal loan to Levari Brothers Realty has wrapped up financing for another large cold storage warehouse at 1200 North Mill Road, extending a recent string of expansions spurred by growing food industry demand.
The City Council unanimously approved the loan Tuesday night. The money comes from a revolving loan fund, whose operating committee endorsed the application earlier in February.
Levari Brothers is a holding company that owns two existing cold storage facilities, both in that stretch of North Mill Road. Those facilities operate as First Choice Freezer and Cold Storage and as M & O Freezer and Cold Storage. ....

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