Vertical Cold Storage, a developer and operator of temperature controlled distribution centers sponsored by real estate asset manager Platform Ventures, has purchased Lone Star Cold Storage of Richardson, Texas.
Many food and beverage companies seeking to increase capacity in response to consumer-driven success are finding it difficult to quickly bring new facilities online due to current market conditions and continued supply chain disruptions.
The 298,000-square-foot state-of-the-art cold storage facility is located within the heavy-haul corridor, in close proximity to the Barbours Cut and Bayport container terminals, and with convenient access to the regional interstate highway system and multiple Class 1 railroads.
Vejii Holdings, which owns and operates the plant-based marketplace ShopVejii.com, has entered into a third-party logistics (3PL) agreement with a cold storage service provider in San Diego, California, expanding its distribution footprint on the West Coast.
Vertical Cold Storage, a developer and operator of temperature controlled distribution centers sponsored by real estate asset manager Platform Ventures, is acquiring Liberty Cold Storage from West Liberty Foods. The terms of the transaction are not public.
Groundbreaking has started on Houston ColdPort, a 315,101-square-foot speculative cold storage warehouse in Houston, Texas. Houston ColdPort will feature a 50-foot clear height warehouse, a 60-foot-deep cold dock, 38 dock positions with vertical storing hydraulic dock leveler equipment, LED lighting throughout, a Tyco Quell dry fire sprinkler system, a 200-foot-deep truck court with 57 trailer parking spaces and ample automobile parking. Houston ColdPort can accommodate a single tenant or can be demised for a two-tenant layout.
Constellation Cold Logistics, a pan-European platform comprising cold storage businesses, announced that its partner company in Belgium, Stockhabo, has reached an agreement to acquire 100% of the shares in Frigologix. This acquisition strengthens Stockhabo’s leading position and service offering in the Belgian market and expands the Constellation network into France.
Yukon Ventures announced its second project in the state of Texas. Strategically situated on the I-10 Corridor, the project in Seguin, Texas, will have the ability to service both Austin and San Antonio within less than a one-hour drive, as well as the Houston ports and the US-Mexico border in less than a three-hour drive in either direction.
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