Aldelano Solar Solutions Memphis Cold Storage Facility Sale

Deal value: $26,500,000

Aldelano Solar Solutions sold its Memphis cold storage facility, a solar-powered, multi-temperature warehouse, to a logistics-focused REIT expanding its food and pharma cold chain footprint.

The core investment motivation is to capitalize on the accelerating demand for sustainable, resilient cold chain infrastructure in food and pharmaceutical logistics. The acquiring REIT seeks to expand its portfolio with a solar-powered, multi-temperature facility, reflecting a belief that renewable energy integration and cold storage capacity are critical differentiators as supply chains modernize and decarbonize. The timing is driven by heightened ESG mandates, rising energy costs, and the need for grid-independent solutions in critical logistics sectors.