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.
