HF Foods Group Inc
For the period ended Dec 31, 2023. Filed Mar 26, 2024.
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FY2023 · Filed Mar 26, 2024
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Item 2. Properties
As of the date of this report, we owned and/or operated eighteen distribution centers and cross-docks with a total of approximately 1.3 million square feet of warehouse space including approximately 400 thousand square feet of refrigerated storage utilizing a mix of leased (31%) and owned (69%) facilities for distribution, warehousing inventory, service and administrative functions. The table below lists the aggregate square footage, by state for these operating facilities as of December 31, 2023.
| Location | Number of Facilities | Total Square Feet |
|---|---|---|
| Arizona | 1 | 51,000 |
| California | 5 | 295,500 |
| Colorado | 1 | 53,000 |
| Florida | 1 | 136,200 |
| Georgia | 1 | 123,000 |
| Illinois | 1 | 135,000 |
| North Carolina | 2 | 236,000 |
| Texas | 2 | 65,000 |
| Utah | 2 | 81,000 |
| Washington | 1 | 65,000 |
| Virginia | 1 | 43,000 |
| Totals | 18 | 1,283,700 |
We lease our corporate headquarters located in Las Vegas, Nevada, consisting of approximately 5,000 square feet with a term of 6.5 years that began on March 17, 2021. We also lease office space for a corporate location in Los Angeles, California. We believe that, in the aggregate, our real estate is suitable and adequate to serve the needs of our business.
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