Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, has entered into a purchase agreement to acquire the frozen distribution center from Dothan Warehouse in Dothan, Ala.
The Dothan facility focuses on poultry for export markets and is located close to several interstate highways, enabling less than one day delivery to the ports of Jacksonville, Fla.; Mobile, Ala.; New Orleans, La.; Panama City, Fla.; and Savannah, Ga.
Vertical Cold Storage, which is not acquiring Dothan Warehouse’s ambient and refrigerated facilities, expects the acquisition to close in August.
“This latest acquisition shows our commitment to the protein industry and to building a nationwide network of high-performance frozen and refrigerated warehouses,” said West Hutchison, president and CEO of Vertical Cold Storage. “We look forward to supporting the many great processors and retaile
