Exciting Developments: Saxum Real Estate Launches New Cold Storage
Saxum Real Estate Begins Construction on New Cold Storage Facility
Saxum Real Estate has commenced the construction of an expansive cold storage facility designed for Arcadia Cold, marking a significant advancement in logistics services. This 322,600 square foot project showcases a strategic commitment to enhancing the cold storage capabilities essential for the perishable goods market.
Facility Overview and Features
The new facility will boast a 50-foot clear height alongside ample loading docks to facilitate efficient distribution operations. Each area is designed with convertible rooms capable of maintaining temperatures ranging from -10 to 38 degrees Fahrenheit, providing the versatility necessary for various types of food products. With an impressive 45,000 pallet positions upon completion, this facility is expected to become operational in the coming years, specifically in 2026.
Strategic Location Advantage
Situated on a 26-acre site that offers convenient I-65 access, this facility is strategically placed to facilitate the logistics needs of major metropolitan areas. The location establishes a critical access point for distribution across several states, ensuring timely delivery of goods throughout the midwestern region.
Partnership with Arcadia Cold
Arcadia Cold's decision to develop this facility reflects its growth strategy as a prominent cold storage provider in the U.S. The company's Chief Commercial Officer, JD Schwefler, expressed enthusiasm regarding the new site, emphasizing its importance in their national distribution network. This new facility is expected to complement another facility soon to be announced, enhancing services to customers in the region.
About Saxum Real Estate
Saxum Real Estate stands out as a leading vertically integrated real estate investment and development firm with a diverse portfolio exceeding $3.0 billion. The company's extensive capital and innovative approach to projects make it a key player in the real estate market, with ongoing developments totaling over $1 billion across various asset types including cold storage and industrial spaces.
About Arcadia Cold
Arcadia Cold ranks as the seventh largest cold storage operator nationwide, providing vital services such as storage, distribution, and logistics tailored to the food industry. With multiple facilities strategically located across the country, Arcadia Cold is committed to meeting the growing demands of the marketplace through state-of-the-art solutions and cutting-edge technologies.
Frequently Asked Questions
What is the purpose of the new Saxum Real Estate facility?
The new facility aims to serve as a critical cold storage location for Arcadia Cold, addressing the logistics needs of various perishable products.
When is the facility expected to be completed?
The facility is projected to be operational by the second quarter of 2026.
What features will the new cold storage facility include?
Key features include a 50-foot clear height, ample dock space, and convertible temperature-controlled rooms, enhancing distribution efficiency.
How does this facility benefit the region?
The strategic location allows for quick access to major metropolitan areas, streamlining the distribution of food products across multiple states.
Who are the key partners involved in this project?
Saxum Real Estate is collaborating with Arcadia Cold, with FCL Builders serving as the design-build general contractor for this cold storage facility.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- ThreeD Capital Expands Investor Relations with New Agreement
- ThreeD Capital Inc. Enters New Investor Relations Partnership
- RCLCO's New Survey Reveals Insights into Real Estate Compensation
- Energy Fuels Expands Board and Grows Through New Acquisition
- Regional Management Corp. Enhances Financial Flexibility with New Credit Agreement
- UK Government's New Fiscal Strategy to Boost Investments
- Exciting Details on 2024 Cash Redemption by Canoe EIT Fund
- Silvercorp's Mining License Renewal Promises Growth and Capacity
- Centrus Energy's New Funding Boosts Advanced Nuclear Projects
- Exciting New Home Communities Set to Open Soon
Recent Articles
- Tesla's Robotaxi Vision Sparks Debate on Autonomous Vehicles
- CarParts.com to Discuss Q3 Financial Results on Upcoming Call
- AGNC Investment Corp. Sets Third Quarter Earnings Release Date
- Third Dimension AI Secures $7 Million to Revolutionize 3D Creation
- Gen Digital Inc. Set to ANNOUNCE Q2 Results Soon
- Positive Insights from Phase 3 ASPEN Study on Brensocatib
- Realty Income Declares 652nd Monthly Dividend Payment
- City Office REIT Unveils Earnings Release and Call Details
- Omnicom Plans Earnings Call for Third Quarter Performance
- Compass Inc. Prepares for Exciting Q3 Earnings Announcement
- HealthSherpa Introduces New ICHRA Marketplace for Employers
- ODDSworks and RAW iGaming Partner for Game Distribution
- BH Properties Expands Presence with New Oregon Campus Acquisition
- Citius Pharmaceuticals Faces Challenges Amid Stock Low
- BAIYU Holdings Resumes Trading Amid Strategic Developments
- Oracle Corporation Surges: Stock Reaches New Heights of $174.06
- Vaccination Insights for Older Adults: Protecting Health
- InMode Ltd. Experiences Market Fluctuations and Growth Plans
- Ardelyx, Inc. Investors Urged to Join Securities Class Action
- Essential Insights on the Updated COVID-19 Vaccines
- ALTI Stock Hits 52-Week Low: Market Analysis and Future Outlook
- Sweetgreen Stock Achieves New Heights with Promising Growth
- Renowned Distiller John Campbell Embraces New Challenge in Spirits
- Wynn Resorts Soars in Valuation Anticipation Amid Expansion
- Exciting Home Design Trends to Embrace in 2025
- Las Vegas Sands Corp Rating Downgrade and Future Prospects
- Enhancing Retail Strategies with IoT for Growth and Profit
- Ionis Pharmaceuticals Maintains Strong Ratings Amid Progress
- Saxum Real Estate Launches Major Cold Storage Facility Project
- ArcelorMittal's Resilience Shines Amid Economic Challenges and Growth Prospects
- Legal Action Looms for Agenus Inc. Investors Over Fraud Claims
- National Automotive Group Enhances Customer Care with New Call Center
- Investors Can Join the Allarity Therapeutics Class Action
- Accolade Reports Strong Q2 2025 Earnings Growth Surge
- Taiwan's Export Data Could Signal Growth for Nvidia Products
- PepsiCo's Growth Strategies and Financial Outlook Explored
- Crypto Market Insights: Bitcoin, Cardano, and Shiba Inu Trends
- Mystery of Bitcoin Creator Satoshi Nakamoto Sparks Speculation
- MicroStrategy's Bold Move Towards Bitcoin Dominance
- Nvidia's Stock Surge: Potential Breakout Towards $150
- Get Informed: AMMO Incorporated Class Action Details and Action Steps
- Roblox's Future: Navigating Challenges and Opportunities
- Investors of iLearningEngines, Inc. Take Action After Allegations
- Iris Energy Limited Faces Class Action Lawsuit Over Misrepresentation
- Investors Urged to Lead Elanco Animal Health Class Action
- Cryptocurrency Market Insights: Trends and Predictions for 2024
- Investigation of Data Breach: Protecting Your Personal Information
- Qualcomm's Stock Faces Challenges Amid Apple Competition
- Assessing the Future of Unity Software Amid Market Challenges
- Understanding Visa Inc.'s P/E Ratio and Market Performance