Highly Diversified Business Model Produces Stable Cash Flows
Acquisition of Hall's Warehouse
Transaction Overview
The acquisition of Hall's strengthens Americold's presence in the Northeastern U.S.
■ In November 2020, COLD closed on the acquisition Hall's
Warehouse for ~$480mm at an in-place net entry NOI yield of
~6.3%
■ Leading integrated platform provides temperature controlled
storage and logistics solutions for food manufacturers and retail
customers
8 distribution centers
Strategically located in the heart of the Northeast Corridor
-
All sites under 30 miles from the Port of Newark in
New Jersey
All sites within 15 miles of each other
30% of U.S. population within a day's drive
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Hall's at a Glance
Location
New Jersey
Cubic Feet
~58mm cubic feet
Pallet Positions
~200K pallet positions
Somerset
Plainfield
Union
Middlesex
287
Edison
Piscataway
New Brunswick
wwwww
Hall's Warehouse
Middlesex
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