VersaCold Logistics Services is pleased to announce that it has completed the acquisition of a strategic portfolio of cold storage warehouse assets from H&R Real Estate Investment Trust and Crestpoint Real Estate Investments Ltd. Terms of the transaction were not disclosed.
Dallas-Fort Worth-based developer Cold Creek Solutions (“CCS”) has announced a second project in the state of Texas in San Antonio. The roughly 305,000 SF facility will provide storage for 45,000 pallets of frozen or refrigerated products upon completion. Unlike existing vintage facilities and other new builds in the region, this new project, designed by ARCO National Construction, will allow for a large-scale or multi-operator build-out with tremendous efficiencies.
