Americold Realty Trust Expands Its Temperature-Controlled Logistics Network with a New Facility in Houston
Atlanta, GA, March 17, 2025 – Americold Realty Trust, Inc. (NYSE: COLD), a leading real estate investment trust (REIT) specializing in temperature-controlled logistics, announced today the acquisition of a new facility in Houston, Texas. The investment, totaling approximately $127 million, includes planned expansion and equipment upgrades.
Americold’s Continued Growth in the Temperature-Controlled Logistics Market
This acquisition marks another significant step in Americold’s strategic growth plan. The new facility, located in the heart of Houston’s industrial district, will add approximately 35,700 pallet positions to Americold’s extensive cold storage warehouse network. The Company’s portfolio now encompasses over 175 facilities and 1.03 billion cubic feet of temperature-controlled storage space, serving customers across various industries, including food and beverage, pharmaceuticals, and consumer goods.
Investment and Expansion Plans
The $127 million investment will not only enable the acquisition of the new facility but also fund planned expansion and equipment upgrades. These enhancements will ensure the facility meets the latest industry standards for energy efficiency, technology, and sustainability. The upgraded facility is anticipated to better serve existing and new customers, ultimately contributing to increased revenue and profitability for Americold.
Impact on the Local Community and the Global Market
The acquisition and expansion of Americold’s Houston facility are expected to bring numerous economic benefits to the local community. The project is projected to create approximately 100 new jobs, further strengthening the region’s workforce. Additionally, the expansion will improve the facility’s capacity and capabilities, making it more attractive to a broader range of customers. This increased demand may lead to further economic growth in the area.
On a global scale, Americold’s continued expansion underscores the growing importance of temperature-controlled logistics in various industries. The demand for temperature-controlled warehouses is expected to increase as consumer preferences shift towards fresh, locally sourced, and high-quality products. Moreover, the need for advanced logistics solutions becomes increasingly critical in sectors such as pharmaceuticals, where the preservation of temperature-sensitive goods is crucial.
Conclusion
Americold Realty Trust’s acquisition of a new temperature-controlled logistics facility in Houston, Texas, represents a significant investment in the company’s growth strategy. The expansion will add to Americold’s extensive portfolio, provide new jobs, and contribute to the local economy. Furthermore, the increasing demand for advanced temperature-controlled logistics solutions highlights the importance of this industry in various sectors, making Americold’s continued growth a positive sign for the future.
- Americold Realty Trust acquires a new temperature-controlled logistics facility in Houston, Texas, for approximately $127 million.
- The acquisition adds approximately 35,700 pallet positions to Americold’s portfolio.
- The investment includes planned expansion and equipment upgrades.
- The new facility is projected to create approximately 100 new jobs in the local community.
- Americold’s continued expansion underscores the growing importance of temperature-controlled logistics in various industries.
With its advanced temperature-controlled warehouses, Americold is well-positioned to meet the demands of the ever-evolving logistics landscape. The company’s commitment to innovation, sustainability, and customer service makes it a leader in its industry and a valuable partner for businesses seeking temperature-controlled logistics solutions.
