The Hot New Real-Estate Investment Is in Keeping Food Chilled

Cold storage is becoming one of the hottest real-estate investments during the pandemic.

Lineage Logistics LLC, the world’s largest landlord of temperature-controlled warehouses, concluded a fundraising round last month that brought in $1.6 billion. It is expected to pursue a public offering, according to commercial real-estate analytics firm Green Street.

Americold Realty Trust,

the only publicly listed cold-storage real-estate investment trust, recorded a 6% increase in net operating income in the second quarter. Together, the two firms have 59% of the cold-storage market share in the U.S. and are growing quickly.

Fans of this niche sector say the pandemic showed it can readily adapt to new customers and environments.

Cold-storage warehouses, which are similar to industrial warehouses but are refrigerated to store goods that need to remain fresh or frozen, usually cater to food producers, food wholesalers and retailers such as grocers, restaurants and other bulk buyers. But during

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Maria’s Taco Xpress Sells to Investment Company, Sign Up for Sale: Iconic South Austin restaurant has been operating since 1997 – Food

Maria Corbalan, owner and namesake of the South Austin institution Maria’s Taco Xpress, announced today via press release that her business has been sold after 24 years in operation.

Maria Corbalan of Maria’s Taco Xpress in March 2014 (Photo by John Anderson)

Maria’s Taco Xpress started as a food truck in 1997 and expanded to its current full-size brick and mortar in 2006. In 1998 the Chronicle awarded the spot, a favorite among local musicians, a Best of Austin Critics Pick for Most Necessary Restaurant Expansion: “Her funky little taco trailer on South Lamar proved to be such a success that she had to expand into the Sugar & Spice General Store to stay ahead of the demand for her delicious tacos and other homestyle Mexican delights.”

In addition to serving food through the end of the year, Corbalan will also be selling all of the restaurant’s decorations and fixtures

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Jacob’s cracker brand no longer for sale | Food Industry News

Jacob’s crackers on sale in the UK, April 2019

Pladis is no longer looking to sell UK savoury-snacks brand Jacob’s, the company’s chief executive has said.

There has been speculation over the future of the Jacob’s brand, under which Pladis markets crackers and crispbreads, as well as sub-brands including Mini Cheddars and Twiglets.

In an interview with The Times, Salman Amin, who was appointed Pladis CEO in February 2019, insisted the Jacob’s brand “is in our future”.

Having a set of savoury-snacks products alongside sweeter offerings such as McVitie’s, means Pladis can market to a broader range of consumers, Amin added.

Back in 2018, Sky News reported Pladis, the international snacks business of Turkish food group Yildiz Holding, had hired investment bank Oppenheimer to oversee an auction of Jacob’s.

In February last year, Bloomberg said the company was aiming to sell Jacob’s in 2019.

Yildiz merged its global confectionery

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