Americold’s Official Opening of Recently Purchased East Point, GA Facility Brings Jobs, Investment, and Additional Distribution Capacity to the US Southeast
January 31, 2017 at 09:00 am
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Americold officially opened its most recent facility addition in East Point, GA. The 260,000 sq ft temperature-controlled site, purchased in July 2016, reflects the expansion of Americold’s partnership with Sprouts Farmers Market as Sprouts increases its healthy grocery footprint to more than 250 stores in 15 states in 2017. The East Point, GA site will serve as a temperature-controlled distribution center for Sprouts’ south eastern operations, which will expand considerably in 2017. The site offers two temperature zones at 34°F and 55°F -- ideal for the Sprouts’ fresh produce warehousing needs.
Americold Realty Trust, Inc. is a real estate investment trust (REIT). The Company is focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. The Company is organized as a self-administered and self-managed REIT. The Company operates through three segments: Warehouse, Third-party managed and Transportation. It operates a global network of approximately 245 temperature-controlled warehouses encompassing approximately 1.5 billion cubic feet, with 197 warehouses in North America, 27 in Europe, 19 warehouses in Asia-Pacific, and two warehouses in South America. The Company holds hold minority interests in two joint ventures, one with SuperFrio, which owns or operates 35 temperature-controlled warehouses in Brazil, and one with the RSA JV, which owns two temperature-controlled warehouses in Dubai. Its handling services optimize its customerâs product movement through the cold chain, including placement, and other recurring handling services.
Americold’s Official Opening of Recently Purchased East Point, GA Facility Brings Jobs, Investment, and Additional Distribution Capacity to the US Southeast