Americold, the provider of temperature-controlled warehousing and logistics to the food industry, has completed the purchase of the Tradewater facility in Atlanta GA. Financial terms of the purchase were not disclosed.
This facility, at 6500 Tradewater Parkway in Atlanta, was constructed in 2005 as a build-to-suit site for an international food producer. Americold assumed the lease in 2006 and has operated it as a public refrigerated warehouse facility since. The addition of the Tradewater site increases Americold’s owned temperature-controlled storage capacity in the Atlanta market to more than 53 million cubic feet, and solidifies Americold’s leadership position in this key logistics hub.
The facility has more than 455,000 square feet of space and offers temperature-controlled storage capabilities between 0° and 34° F. Rail-served by CSX, the property has temperature-controlled rail and truck docks, and has 60 dock doors with significant staging area capabilities for an assortment of services. These include: case picking; order-kitting and assembly; repacking; tempering; blast freezing; cross-docking; date coding; full transportation FTL and LTL capabilities; and customized order processing.
“It’s always been our goal to fully integrate the Tradewater site into our portfolio, and everything aligned to conclude the purchase early in the year. As owners of the property, we will continue to invest in the site to further enhance the services offered to our clients,” said Fred Boehler, president and chief operating officer.
Based in Atlanta, Americold owns and operates more than 175 temperature-controlled warehouses, with more than one billion cubic feet of storage, in the United States, Australia, New Zealand, China, Argentina, and Canada. Its 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 is provided at www.americold.com.