COLDPORT
'Press Release'

'ColdPort Expands Regional Capacity with Acquisition of Legacy Cold Storage Facility in the Midwest'

'ColdPort Communications'|3 min read

FOR IMMEDIATE RELEASE

ColdPort Expands Regional Capacity with Acquisition of Legacy Cold Storage Facility in the Midwest

DALLAS, TX – March 10, 2026 – ColdPort, a leading innovator in temperature-controlled warehousing and logistics, today announced the successful acquisition of Arctic Gateway Storage, a prominent legacy cold storage facility located in Indianapolis, Indiana. This strategic acquisition significantly bolsters ColdPort’s capacity in the crucial Midwest corridor and represents the company’s commitment to modernizing existing supply chain infrastructure through targeted technological upgrades.

The 450,000-square-foot facility, strategically situated near major interstate junctions, adds approximately 12 million cubic feet of convertible temperature space to ColdPort’s national network. While the facility boasts a robust physical structure and an exceptional location, ColdPort plans an immediate, comprehensive modernization program to bring the site up to the company’s industry-leading operational and technological standards.

"The acquisition of the Indianapolis facility is a prime example of our strategic growth methodology: identifying well-located legacy assets and transforming them through the infusion of modern technology," stated David Simpkins, Founder & CEO of ColdPort. "This facility sits at the logistical crossroads of America, but to truly unlock its potential, it requires the operational intelligence that only ColdPort can provide. We are excited to bring this facility into our network and begin the revitalization process."

ColdPort has committed an initial $15 million in capital expenditure to overhaul the facility’s core systems over the next nine months. The modernization project will include the installation of ColdPort’s proprietary cloud-based warehouse management system (WMS), the complete automation of critical refrigeration controls, and a comprehensive upgrade of the material handling fleet to zero-emission lithium-ion technology. Furthermore, the facility will undergo a significant energy-efficiency retrofit, including LED motion-sensor lighting and advanced thermal envelope sealing.

"Our goal is not just to add square footage; it is to elevate the standard of service available in this region," Simpkins explained. "By integrating our advanced data analytics and predictive maintenance systems into this legacy infrastructure, we will dramatically improve turnaround times, inventory accuracy, and energy efficiency. Our customers rely on us to mitigate risk in their supply chains, and this newly upgraded hub will provide the resilience and reliability they demand."

The integration of the Indianapolis facility is expected to be seamless for existing customers, who will immediately benefit from enhanced visibility into their inventory and streamlined reporting capabilities. ColdPort has retained the facility’s existing workforce of 120 employees, all of whom will undergo extensive training on the new technological systems and safety protocols.

This acquisition strengthens ColdPort’s ability to serve major food producers, distributors, and retailers throughout the Midwest, reducing transportation distances and lowering the carbon footprint of regional supply chains. It also positions the company to better handle the seasonal surges inherent in agricultural distribution.

About ColdPort ColdPort is a premier provider of temperature-controlled supply chain solutions, operating a growing network of advanced warehousing facilities across North America. By combining strategic locations with cutting-edge technology and sustainable practices, ColdPort delivers highly efficient, secure, and reliable logistics solutions for temperature-sensitive products.

Media Contact: ColdPort Communications media@gocoldport.com +1 (800) 555-0199


Access the Data Room

Qualified investors can access full financial models and due diligence materials.

Request Full Investment Deck →

Related Intelligence

Uncategorized

coldport-atlanta-llc-spv-investment-memorandum

Market Dynamics: The Southeastern Bottleneck The Georgia logistics market operates as a dual-nod...

Uncategorized

coldport-miami-llc-spv-investment-memorandum

Market Dynamics: The Latin American Gateway Miami is a unique logistics anomaly. Bounded by the ...

Uncategorized

coldport-new-orleans-llc-spv-investment-memorandum

Market Dynamics: The Protein Export Hub New Orleans operates as the primary spigot for American ...

Stay Updated

Join our priority list for Coldport platform updates and asset availability.