Atlanta-based Americold finalized the purchase of the Tradewater facility in Atlanta. Financial terms of the purchase were not disclosed.
The facility, located at 6500 Tradewater Parkway, 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.
The facility is more than 455,000 square feet and offers temperature-controlled storage capabilities between 0-34oF. 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, re-packing, 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,” says Fred Boehler, president and COO.
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