{"id":1004720618,"date":"2024-07-11T07:52:06","date_gmt":"2024-07-11T15:52:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004720618"},"modified":"2024-07-11T08:17:49","modified_gmt":"2024-07-11T16:17:49","slug":"vertical-cold-storage-to-buy-109-ksf-alabama-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-buy-109-ksf-alabama-facility\/","title":{"rendered":"Vertical Cold Storage to Buy 109 KSF Alabama Facility"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"3575\" height=\"2681\" data-attachment-id=\"1004720643\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-buy-109-ksf-alabama-facility\/dothan-3\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/Dothan-3-e1720620420182.png\" data-orig-size=\"3575,2681\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Dothan-3\" data-image-description=\"&lt;p&gt;Dothan Facility&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Dothan Facility. Image courtesy of Vertical Cold Storage&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/Dothan-3-e1720620420182.png?w=1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/Dothan-3-e1720620420182.png\" alt=\"Dothan Facility\" class=\"wp-image-1004720643\" style=\"width:400px\"\/><figcaption class=\"wp-element-caption\">Dothan Warehouse expanded the USDA-certified facility in 2023.<em> Image courtesy of Vertical Cold Storage<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Vertical Cold Storage will acquire its 10th cold storage facility, in Dothan, Ala. Sponsored by Platform Ventures, the company entered into an acquisition agreement that is expected to close in August. Dothan Warehouse will sell the 109,000-square-foot asset.<\/p>\n\n\n\n<p>The current owner expanded the 2019-built property last year. The frozen distribution center focuses on poultry intended for export markets.<\/p>\n\n\n\n<p>The USDA-certified facility&#8217;s features include 10 dock doors, high-capacity blast freezing, case picking, cross-dock configuration and kitting capabilities.<\/p>\n\n\n\n<p>Located at 3570 Westgate Parkway, it allows access to nearby major thoroughfares, including U.S. routes 231, 431 and 84. This location enables one-day delivery to major ports, such as Mobile, Ala., Jacksonville and Panama City, Fla., Savannah, Ga., and New Orleans.<\/p>\n\n\n\n<p>In November last year, <a href=\"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-build-kansas-city-distribution-center\/\">Vertical Cold Storage broke ground on a multi-modal distribution facility in Kansas City<\/a>, Mo. Primus Builders is constructing the 300,000-square-foot asset, which is expected to begin operations by the end of this year.<\/p>\n\n\n\n<p>Significant recent investments in the cold storage sector include <a href=\"https:\/\/www.commercialsearch.com\/news\/americold-realty-pays-170m-for-cold-storage-portfolio\/\">Americold Realty Trust&#8217;s $170 million acquisition<\/a> of a nine-building portfolio. Global Net Lease sold the properties, which are leased to subsidiaries of the buyer.<\/p>\n\n\n\n<p>In October last year, <a href=\"https:\/\/www.commercialsearch.com\/news\/lineage-logistics-buys-1-3-msf-cold-storage-portfolio\/\">Lineage Logistics bought a 1.3 million-square-foot portfolio from Burris Logistics<\/a>. The eight properties span six Eastern and Midwestern states. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dothan Warehouse will sell the asset.<\/p>\n","protected":false},"author":2991,"featured_media":1004720643,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,21742,32781],"tags":[52242,52241],"class_list":["post-1004720618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-latest","category-southeast","tag-platform-ventures","tag-vertical-cold-storage"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Vertical Cold Storage to Buy 109 KSF Alabama Facility - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Vertical Cold Storage entered into an acquisition agreement to purchase a 109,000-square-foot cold storage facility in Dothan, Ala.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-buy-109-ksf-alabama-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vertical Cold Storage to Buy 109 KSF Alabama Facility\" \/>\n<meta property=\"og:description\" content=\"Vertical Cold Storage entered into an acquisition agreement to purchase a 109,000-square-foot cold storage facility in Dothan, Ala.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-buy-109-ksf-alabama-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-11T15:52:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-11T16:17:49+00:00\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/Dothan-3-e1720620420182.png\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-buy-109-ksf-alabama-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-buy-109-ksf-alabama-facility\/\",\"name\":\"Vertical Cold Storage to Buy 109 KSF Alabama Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-buy-109-ksf-alabama-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-buy-109-ksf-alabama-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/Dothan-3-e1720620420182.png\",\"datePublished\":\"2024-07-11T15:52:06+00:00\",\"dateModified\":\"2024-07-11T16:17:49+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"Vertical Cold Storage entered into an acquisition agreement to purchase a 109,000-square-foot cold storage facility in Dothan, Ala.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-buy-109-ksf-alabama-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-buy-109-ksf-alabama-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/vertical-cold-storage-to-buy-109-ksf-alabama-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/Dothan-3-e1720620420182.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/Dothan-3-e1720620420182.png\",\"width\":3575,\"height\":2681,\"caption\":\"Dothan Facility. 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