Investor Presentaiton
Russellville, AR Expansion for Conagra Brands
Expansion Overview
The Russellville highly automated expansion is an opportunity to provide mission critical,
long-term infrastructure for a top tier strategic customer
■ COLD expanded its Russellville, Arkansas facility for a total of
$93mm in a dedicated build for Conagra Brands
Operation commenced in Q3 2023 and is expected to fully
stabilize in Q4 2024
ameriCOLO.
Expected to generate stabilized NOI ROIC of ~10%-12%
Conagra Brands (NYSE: CAG) is one of North America's leading
branded food companies
CAG is a top tier strategic customer
COLD has served CAG for decades in multiple locations
CAG is rated BBB-/Baa3/BBB- by S&P, Moody's, Fitch (1)
Expansion at a Glance
Clear Height
~130 feet
Cubic Feet
~13mm cubic feet
slim
Jim
Pallet Positions
~42K pallet positions
(1)
Ratings as of Q2 2023
CONAGRA
BRANDS-
gardein
Duncan
Hines
Marie
Callender's
BIRDS EYE
earth
balance
Healthy
Choice
Reddi
Wip
ANGIE'S
BOOM
CHICKA
POP
vlasic
Frontera
NATURAL
Hunt's
Orville
Redenbachers
udis
Gluten Free
DUKES
PAM
17
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