Highly Diversified Business Model Produces Stable Cash Flows slide image

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 78 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 18 americOLD.
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