Americold has completed the purchase of the temperature-controlled storage facility at 5711 FM 78 in San Antonio TX, adding another state-of-the-art food distribution center to its network. The building is operated as a food distribution center and currently is under a long-term lease to a retail client.
Terms of the sale were not made public.
“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,” said Fred Boehler, president and 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 LP, 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.
Based in Atlanta GA, Americold owns and operates more than 165 temperature-controlled warehouses, with more than 1 billion cubic feet of storage, in the United States, Australia, New Zealand, China, Argentina and Canada. The company serves more than 3,000 customers and employs 11,000 associates worldwide.
In the United States, Americold owns and operates more than 145 facilities in the food production and consumption market across 35 states.
More information is at www.americold.com.