KANSAS CITY, Mo.--()--Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, purchased a frozen distribution center near the Port of Savannah in Pooler, GA. Terms were not disclosed.

“Our Pooler cold storage facility is just nine miles from the Port of Savannah, the fastest-growing container terminal in the United States. With its strategic location near the port, high-capacity blast freezing, and comprehensive import/export capabilities, this facility enables us to provide our customers with faster, more efficient access to global markets,” said West Hutchison, President and CEO of Vertical Cold Storage.

The facility, located at 220 Nordic Way, Pooler, GA, is nearly 350,000 square feet, has 40 dock doors, and includes over 35,000 pallet positions. Built in 2013, it has the capacity to blast freeze up to 40 loads per day and features an extended dock designed to support high volumes of imports and exports. Storage areas have temperatures ranging from -20°F to +40°F. The warehouse is USDA inspection certified.

Vertical Cold Storage is immediately implementing its industry-leading technology and operational processes at the facility. The facility is perfectly suited for handling frozen import/export commodities like poultry, seafood, produce, and other perishable products. It is managed by Anthony Morgan, a seasoned General Manager with extensive expertise in overseeing cold storage and port operations.

“Georgia Ports is delighted to welcome Vertical Cold Storage to the greater Savannah area and know they will be very successful. We will work to ensure that Vertical Cold Storage and its customers see all the benefits of doing business in Southeast Georgia, including a highly skilled workforce and an efficient intermodal network,” said Flavio Batista, Chief Commercial Officer of Georgia Ports.

About Vertical Cold Storage

Vertical Cold Storage is an industry leader in delivering reliable, flexible, and cost-effective cold storage and logistics solutions for the food and beverage industry. We are committed to giving our customers the competitive edge they need to consistently thrive in the complex and ever-evolving business environment of perishables. We offer temperature-controlled cold storage warehousing and distribution solutions in the cities and surrounding areas of Chicago, Dallas, Indianapolis, Charlotte, Miami, and more. Our services are backed by a goal-oriented team of industry veterans and cutting-edge technology with a singular focus on quality results and excellent customer service. Vertical Cold is focused on acquiring and integrating existing and developing greenfield cold storage facilities and providing a consistent customer experience across our entire platform. More information is available at www.verticalcold.com.

About Platform Ventures

Platform Ventures, LLC (or the “Firm”) is an independent, entrepreneurial private investment firm that invests through closed and open-end opportunistic real estate funds with scalable investment strategies. The Firm’s operator-oriented investment platform is vertically integrated across logistics, housing, and real estate credit through subsidiaries that include Platform Investments, LLC, a wholly owned SEC registered investment advisor. The Firm invests selectively across the capital structure in direct acquisitions, joint ventures, recapitalizations, and reorganizations. Platform Investments, LLC, manages over $3.4 billion of assets1 on behalf of institutional, family office and high net worth investors. Visit platformv.com for more information.

1) As of September 30, 2024. This includes assets managed by our affiliates who are not registered investment advisers, and this amount does not represent Regulatory Assets Under Management as defined by the SEC. SEC registration does not imply a certain level of skill or training.