Campanelli Companies Develops 15 Facilities for Preferred Freezer Services: Buildings Across Seven U.S. States Total More Than 1.5 Million Square Feet

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Campanelli Companies, a full-service commercial real estate development firm, today announced its construction of 15 facilities for Preferred Freezer Services, a provider of state-of-the-art, full-service refrigerated warehouses. These buildings contain more than 1.5 million combined square feet of cold storage warehouse, distribution and office space, and span seven U.S. states.

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We will continue to work with Campanelli Companies to locate, design and deliver new turnkey facilities to meet the needs and requirements of our expanding customer base.

    "The construction of these facilities in several regions across the nation demonstrates our firm's ability to anticipate and meet the needs of an organization that is experiencing rapid growth and expansion," said Daniel R. DeMarco, Partner for Campanelli Companies. "As a full-service developer of turnkey facility solutions, we look forward to assisting Preferred Freezer with its warehouse needs as the company continues to broaden its geographic reach."

Campanelli provides its clients with the full range of industrial design build services. From site identification to permitting, design, construction and lease or sale, Campanelli meets complex business requirements on time and on budget when developing new distribution and manufacturing facilities. Facilities Campanelli has completed for Preferred Freezer include the company's headquarters in Newark, NJ and cold storage distribution centers in Atlanta, GA, Philadelphia, PA, Norfolk,VA, and Raynham, Sharon, and Westfield, MA.

"Campanelli's team of seasoned industry professionals has consistently provided our company with valuable expertise, design skills and development services to assure timely execution and delivery of our new cold storage facilities," said John Galiher, President and CEO of Preferred Freezer. "We will continue to work with Campanelli Companies to locate, design and deliver new turnkey facilities to meet the needs and requirements of our expanding customer base."

Among its ongoing projects with Preferred Freezer, Campanelli is currently constructing facilities in Jacksonville, FL (expected completion: first quarter, 2008), Elizabeth, NJ (expected completion: first quarter, 2008), and Everett, MA (expected completion: second quarter, 2008).

About Campanelli Companies

Established in 1947, Campanelli Companies is a full-service commercial real estate development company with extensive experience in the industrial, office, warehouse/distribution and retail markets. To date, Campanelli has developed over 16 million square feet of commercial real estate property in New England and the Eastern Seaboard. The company's signature capabilities include land development, design and build, redevelopment and value-added acquisitions. Campanelli's all-encompassing and quality services have led to its successful track record as a highly regarded developer -- from site selection, feasibility analysis, local, state and federal permitting, to architectural and engineering design, building construction, and facilities and property management. With a cohesive development team that has worked together for more than 30 years, the company can assure its clients that every aspect of a project is directed, monitored and controlled by Campanelli. For more information, visit http://www.campanelli.com.

About Preferred Freezer Services

Founded in 1989, Preferred Freezer Services offers the most modern, state-of-the-art, full-service refrigerated warehouse in the United States. Preferred Freezer is one of the largest public refrigerated warehouse companies in North America, with 23 facilities, more than 600 employees and over $100+ million in annual sales. With more than 160 million cubic feet from coast to coast, Preferred Freezer offers custom premier facilities located in prime geographic areas. Preferred Freezer Services is headquartered in Newark, NJ, with distribution locations in nine states. For more information, visit http://www.preferredfreezer.com.

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DeWayne Lehman
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