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Americold Purchases Tradewater Facility in Atlanta, GA

ATLANTA, Jan. 11, 2016 (GLOBE NEWSWIRE) -- Americold (www.americold.com), the global leader in temperature-controlled warehousing and logistics to the food industry, announced today that it has finalized the purchase of the Tradewater facility in Atlanta, GA. Financial terms of the purchase were not disclosed.

The facility, at 6500 Tradewater Parkway, Atlanta, GA, 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 is more than 455,000 square feet and offers temperature-controlled storage capabilities between 0 and 34o F. The property is rail-served by CSX with temperature-controlled rail and truck docks, and has 60 dock doors with significant staging area capabilities for an assortment of value-added services including: 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. “These are exciting times for Americold and our customers.”

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 175 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 MediaRelations@americold.com

Source: Americold