AMERICOLD REALTY TRUST
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
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Item 2. Properties
General
In addition to the information in this Item 2, certain information regarding our portfolio is contained in Schedule III (“Real Estate and Accumulated Depreciation”) under Part IV, Item 15(b) and which is included in Part II, Item 8.
Our Warehouse Portfolio
As of December 31, 2025, we operated a global network of 231 warehouses that contained approximately 1.4 billion refrigerated cubic feet and approximately 5.5 million pallet positions. We believe that the volume of cubic feet in our warehouses and the number of pallets contained therein provide a more meaningful measure of our storage space than warehouse surface area expressed in square feet as customers generally contract for storage on a pallet-by-pallet basis, not on a square footage basis. Our warehouses feature customized racking systems that allow for the storage of products on pallets in horizontal rows across vertically stacked levels. Our racking systems can accommodate a wide array of different customer storage needs.
The following table provides summary information regarding the warehouses in our portfolio that we owned, leased or managed as of December 31, 2025.
| Country / Region | # ofWarehouses | Cubic Feet(In millions) | % of TotalCubic Feet | Average Pallet Positions(In thousands) |
|---|---|---|---|---|
| Warehouse Segment Portfolio (1) | ||||
| United States | ||||
| East | 49 | 343.0 | 24% | 1,138 |
| Southeast | 45 | 294.3 | 21% | 987 |
| Central | 42 | 290.1 | 20% | 1,110 |
| West | 45 | 262.3 | 19% | 1,204 |
| Canada | 5 | 32.6 | 2% | 120 |
| North America Total | 186 | 1,222.3 | 86% | 4,559 |
| Netherlands | 5 | 22.6 | 2% | 107 |
| United Kingdom | 4 | 38.3 | 3% | 244 |
| Spain | 4 | 15.2 | 1% | 82 |
| Portugal | 4 | 11.5 | 1% | 58 |
| Ireland | 3 | 9.5 | 1% | 59 |
| Austria | 1 | 4.2 | —% | 44 |
| Poland | 2 | 3.5 | —% | 14 |
| Europe Total | 23 | 104.8 | 8% | 608 |
| Australia | 11 | 63.0 | 4% | 222 |
| New Zealand | 6 | 16.9 | 1% | 80 |
| Asia-Pacific Total | 17 | 79.9 | 5% | 302 |
| Argentina | 2 | 9.7 | 1% | 23 |
| South America Total | 2 | 9.7 | 1% | 23 |
| Warehouse Segment Total / Average | 228 | 1,416.7 | 100% | 5,492 |
| Third-Party Managed Portfolio | ||||
| United States | 2 | 8.4 | 100% | — |
| Asia-Pacific | 1 | — | —% | — |
| Third-Party Managed Total / Average | 3 | 8.4 | 100% | — |
| Portfolio Total / Average | 231 | 1,425.1 | 100% | 5,492 |
(1)As of December 31, 2025, we owned 166 of our North American warehouses and 38 of our international warehouses, and we leased 20 of our North American warehouses and 4 of our international warehouses. As of December 31, 2025, 15 of our owned facilities were located on land that we lease pursuant to long-term ground leases.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.