Austin, Texas-based Arcadia Cold has launched its platform to develop a national cold storage network of high-quality facilities across the U.S. Arcadia Cold is a third-party cold chain services provider that focuses on handling, storage, distribution and value-added services to the food industry.
Arcadia Cold also has established a partnership with Saxum Real Estate, a real estate investment and development company, for the development of Arcadia Cold’s Greenfield facilities. The company’s first three locations include Hazleton, Pennsylvania; Atlanta, Georgia; and South Fort Worth, Texas, and will commence by mid-2023.
Arcadia Cold adds capacity to the U.S. food supply chain infrastructure that contains older, less energy efficient and more labor-intensive cold storage assets. U.S. storage warehouse occupancies are at an all-time high and continued growth in food distribution demand due to greater online adoption by consumers will only fuel the need for more national pallet space.
By 2024, Arcadia Cold expects to have added 200,000 pallet positions of refrigerated and frozen capacity to the third-party cold storage market in six locations to serve parts of the U.S. consumer market.
“We are excited to execute the build-out and operational start-up of a highly fast-paced and modernized cold storage development platform that is uniquely designed to service a wide variety of customers across the CPG, protein, produce, retail and foodservice end-markets. Arcadia will raise the bar and bring a new level of customer-centric operational approach and related service offerings to an industry that is simply looking for renewed focus and attention to their needs,” said Chris Hughes, president and CEO.
Arcadia Cold was established in April 2021 and specializes in providing third-party handling, storage, distribution and value-added services to the food industry. Its strategic development partnership with Saxum Real Estate offers a collaborative approach to the design-build and operation model that provides for the construction of fully temperature convertible buildings, coupled with modern supply chain technology innovations for its valued customers.
For more information, visit arcadiacold.com.