Vertical Cold Storage Enters Dallas Market with Acquisition of Lone Star Cold Storage Facility.
MANews-(C)2009-2022
US-based temperature controlled distribution center operator Vertical Cold Storage, sponsored by real estate asset manager Platform Ventures, has purchased Lone Star Cold Storage of Richardson, Texas, the company said.
The terms of the transaction are not public.
The Richardson warehouse is 227,331 sq. ft. with 5,645,661 cu. ft. of storage space, 17,982 pallet positions and 40 dock doors.
The facility, which uses an energy efficient and environmentally friendly ammonia refrigeration system that keeps cost down while providing the required temperature range, is partitioned into seven rooms allowing for multiple temperature needs from -20 to 45 degrees.
Services include blast freezing, case picking, cross dock and EDI capabilities, with kitting support available.
Vertical Cold Storage is establishing a network of cold storages around the United States and will bring in best practices from the collective experience of its leadership to make the Richardson Lone Star Cold Storage operation even better by leveraging technology and automation for more consistent customer service.
Vertical Cold Storage is a South Dakota based full-service solution provider that builds, develops and operates temperature-controlled facilities throughout the United States.
Vertical Cold emphasizes customer care and the satisfaction of supply chain professionals while deploying the industry's most up-to-date technology and automation.
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