From Our Print Edition

Vertical Cold Storage, a Kansas City, Mo.-based operator of temperature-controlled distribution centers, finalized its acquisition of MWCold last month, adding two strategically located central Indiana warehouses to its network.

Dual rail-served by both CSX and Norfolk Southern, the 390,000-square-foot MWCold Indianapolis warehouse features 33,000 pallet positions and 46 dock doors and offers blast freezing, export services and quick thaw.

The 159,000-square-foot MWCold Pendleton facility boasts 19,600 pallet positions and 15 dock doors and can handle a variety of temperature zones. Both facilities are located near five major interstates, enabling service in two days or less to 75% of the U.S. and Canadian populations.

“The close of this transaction helps leverage Vertical Cold’s position within the industry and establishes the company as a premier service provider,” says Ryan Anderson, co-president and co-founder of Platform Ventures, the real estate investment firm that sponsored the acquisition.