They call it “cold chain”. It’s the rapidly changing national cold storage industry that focuses on handling, storage, distribution, and other value-added services to the food industry.Arcadia Cold has chosen South Ft. Worth as one of its first three operations. It expects to launch operations by mid-2023.
Arcadia Cold hopes to capitalize on the aging, inefficient food supply chain infrastructure by adding modern, less labor-intensive facilities. Cold storage occupancies are at an all-time high and that’s expected to fuel the need for more national pallet space. A pallet takes up approximately 13 square feet of product. The company hopes to add approximately 200,000 pallet positions of refrigerated and frozen capacity in its new facilities.
Arcadia’s CEO Chris Hughes says the industry could use an upgrade, “We are excited to execute the build-out of a highly fast paced and modernized platform…to an industry that is simply looking for renewed focus.”
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
CRE courses for CE credits
Get CE course credits, centered around all things CRE. View our courses today!