Saxum Real Estate has broken ground on a 322,600 square foot cold storage project located in Crown Point, IN for tenant Arcadia Cold, a leading third-party logistics (3PL) provider. FCL Builders is serving as the design-build general contractor for the project. Upon completion, the project will feature 50' clear height, ample dock space and dock doors to expedite distribution and container handling services, and convertible rooms with temperature capabilities between -10 to 38 degrees F. The facility will contain approximately 45,000 pallet positions and is expected to be delivered in the second quarter of 2026.
The 26-acre site with I-65 frontage is located in Crown Point, IN, a Chicago submarket with immediate interstate highway access. The property is ideally situated to provide access to large metropolitan centers such as Chicago, Detroit, Indianapolis, Milwaukee, Cleveland, Columbus, Cincinnati, Louisville, St. Louis, and Toronto within a day's drive.
"The Arcadia Cold team is very excited to announce this new facility in Crown Point," said JD Schwefler, Arcadia Cold Chief Commercial Officer. "The greater Chicago regional market is critical to our strategy of building out a national distribution network for our customers. This facility, along with another located in a Chicago submarket, which we will announce shortly, will complement each other to serve our customers with regional production and fast-moving consumer packaged goods programs."
Arcadia Cold is currently the 7th largest cold storage operator in the U.S. To date, Arcadia operates five facilities in Hazleton (PA), Atlanta (GA), Ft. Worth (TX), Phoenix (AZ), and Reno (NV). Arcadia also has additional facilities under construction in Jacksonville (FL) and Charleston (SC).
