Nordic Cold Storage LLC

February 2007

Price: Undisclosed

Fund: CPA^®:16 – Global

Financing: Growth and Debt Financing

Facility Type: Three manufacturing/distribution cold storage facilities

Location: Atlanta, GA

• Nordic Cold Storage LLC is one of the largest public warehouse operators in the Southeast region of the United States and among the top ten operators in North America. Serving the region for over 50 years, Nordic provides temperature-controlled handling, storage, freezing, distribution, and transportation services.
• The cold storage industry has grown tremendously in the last few decades, as the number of dual income households has increased and time for food preparation has decreased. In 2006, U.S. consumers purchased more than $26 billion in frozen foods – up 20% from 1998. In addition, 96% of restaurant owners and 100% of quick service owners use frozen foods in their operations.