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ATLANTA, April 12, 2017 -- Americold (www.americold.com), the global leader in temperature-controlled warehousing and logistics to the food industry, announced today that it has concluded the purchase of the temperature-controlled storage facility at 5711 FM 78, San Antonio, TX, adding another state-of-the-art food distribution center to its growing network. The building is operated as a food distribution center and currently is under a long-term lease to a retail client.
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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a446910b-41a2-4cee-bb60-f469320fd9eb
“Americold is very excited to be adding a second San Antonio facility to our organization—extending our company’s standing as the leading owner-operator of temperature-controlled infrastructure in the world,” commented Fred Boehler, President & CEO, Americold. “We’re always looking for strategic opportunities to enhance our network, and the location of this facility—on the north east side of San Antonio, close to the I-35, I-10, and I-410 interchanges—is ideal.”
The building was sold by Stream Realty Partners, L.P., represented by HFF. With a footprint of more than 384,000 square feet on a 26 acre site, the facility has three temperature-controlled rooms that can accommodate frozen, refrigerated, and air conditioned dry space. The building, featuring twin docks that offer cold and air-conditioned operations for 57 dock doors, includes almost 42,000 square feet of office space.
In the U.S., Americold owns and operates more than 145 facilities in every major food production and consumption market across 35 states. With public refrigerated warehouses, port-specific facilities, customer-dedicated sites, managed facilities, and national less-than truckload and truck load transportation programs, Americold’s suite of temperature-controlled supply chain solutions for the food & beverage industry is unmatched in scale and scope—supporting the storage and distribution of products for local artisans, regional and national enterprises, and international organizations alike.
Terms of the sale were not made public.
About Americold
Americold is the global leader in temperature-controlled warehousing and logistics to the food industry, offering the most comprehensive warehousing, transportation and logistics solutions in the world. Based in Atlanta, Georgia, Americold owns and operates over 165 temperature-controlled warehouses, with more than 1 billion cubic feet of storage, in the United States, Australia, New Zealand, China, Argentina and Canada. Americold’s facilities are an integral component of the supply chain connecting food producers, processors, distributors, and retailers to consumers. Americold serves more than 3,000 customers and employs 11,000 associates worldwide.
More information about Americold is at www.americold.com.
Media contact: Daniel Cooke Director of Marketing Americold 10 Glenlake Parkway Atlanta, GA 30328 [email protected]
