HYDROFARM HOLDINGS GROUP INC
For the period ended Dec 31, 2024. Filed Mar 5, 2025.
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FY2024 · Filed Mar 5, 2025
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Item 2. PROPERTIES
Information regarding each of our significant facilities, which may include multiple leases at each location, is set forth below. We believe that our existing facilities are adequate for our needs at this time.
| Location | Square Footage | Owned or Leased |
|---|---|---|
| Distribution Centers: | ||
| Fairfield, CA, U.S. | 175,000 | Leased1 |
| Fontana, CA, U.S. | 147,000 | Leased1 |
| Gresham, OR, U.S. | 98,000 | Leased1 |
| Denver, CO, U.S. | 87,000 | Leased |
| Shoemakersville, PA, U.S. | 303,000 | Leased1 |
| New Hudson, MI, U.S. | 126,000 | Leased1 |
| Surrey, BC, Canada | 136,000 | Leased1 |
| Cambridge, ON, Canada | 53,000 | Leased2 |
| Zaragoza, Spain | 20,000 | Owned |
| Manufacturing Facilities: | ||
| Arcata, CA, U.S. | 76,000 | Leased |
| Eugene, OR, U.S. | 242,000 | Leased3 |
| Edmonton, AB, Canada | 26,000 | Leased |
1 We maintain operations and have one or more operating subleases or third-party logistics agreements at this location.
2 We have subleased this property in its entirety to a tenant that provides us third-party logistics service on-site, allowing us to continue shipping our products from this location.
3 In January 2023, we entered into a sale-leaseback transaction. Refer to Part II, Item 8, Financial Statements, Note 7 –Leases for additional information about the sale and leaseback transaction at the Eugene, OR location.
In addition we own approximately 120 acres of land, including a 21,000 square foot building, in Goshen, NY, a majority of which is suitable for future industrial/commercial development located adjacent to our building. We ceased operations at this facility during the second quarter of 2024.
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