Americold Realty Trust, Inc. has announced an agreement to acquire a facility in Houston, Texas for a total investment of approximately $127 million, including planned expansion and equipment upgrades. The acquisition is in response to the award of a large grocery retail contract, representing a significant win in Americold’s sales initiative.

Americold is a global leader in temperature-controlled logistics real estate and value-added services. The company focuses on the ownership, operation, acquisition, and development of temperature-controlled warehouses. Americold owns and/or operates 239 temperature-controlled warehouses, providing approximately 1.4 billion refrigerated cubic feet of storage globally. Their facilities connect food producers, processors, distributors, and retailers to consumers.

Americold Agrees to Acquire Facility in Houston, Texas for $127 Million

Americold Agrees to Acquire Facility in Houston, Texas for $127 Million

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