Karis Cold
Karis Cold (Karis Martingale, LLC) is a Naples, FL-based real estate developer founded in 2020 that builds and sells power-ready cold storage, data center, and industrial sites for enterprise food distribution, cold-chain logistics, and hyperscale data center operators across the United States.
- Company typePrivate
- Founded2020
- HeadquartersNaples, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Karis Cold does
Karis Cold, operating under the legal entity Karis Martingale, LLC, is a Naples, Florida-based real estate investment and development company founded in 2020 that develops cold storage facilities, data center sites, and industrial properties for sale or lease across key U.S. markets. The company runs three coordinated sub-brands: Karis Cold (purpose-built cold storage for food distribution and cold-chain logistics), Karis Critical (power-ready data center development sites designed for hyperscale operators), and Karis Industrial (industrial development sites for logistics, distribution, and manufacturing). Its differentiator across all three lines is the delivery of power-ready sites with pre-secured infrastructure, which reduces time-to-operation for tenants requiring substantial electrical capacity.
Karis reports cumulative deliveries exceeding $3B of project value, more than 1 million square feet of modern cold storage space currently available, and over 1 GW of deliverable power positions, supported by a portfolio of listed availabilities spanning Florida, Illinois, Tennessee, Colorado, and Ohio. The customer base is enterprise-oriented and includes food distribution operators (Hissho), cold-chain logistics providers (ILG, Americold), meat processors (Moesle Meat), chemicals/plastics firms (Ravago), and real estate investors (Eagle Rock). The company operates with 1-10 employees under founder and CEO Jake Finley, suggesting a lean, principal-led or sponsor-driven operating model rather than a headcount-heavy developer.
The revenue model is asset-disposition and long-term lease based, with no disclosed pricing or contract terms; transactions appear to be negotiated directly with the Karis team through website listings and direct outreach, distributed via a sales-led GTM motion targeting enterprise customers in food distribution, cold-chain logistics, hyperscale data centers, and general industrial operations.
Karis Cold firmographics
Firmographics- Name
- Karis Cold
- Legal name
- Karis Martingale, LLC
- Website
- https://kariscold.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Karis Cold (Karis Martingale, LLC) is a Naples, FL-based real estate developer founded in 2020 that builds and sells power-ready cold storage, data center, and industrial sites for enterprise food distribution, cold-chain logistics, and hyperscale data center operators across the United States.
- Ownership category
- akta.pro rank
Karis Cold industry classification
Industry- Product category
- Industrial Real Estate Development
- SIC
- Public Warehousing & Storage (4220)
- akta.pro primary industry
- Temperature-Controlled Distribution Centers (DCs) (AFAOAFAE)
- akta.pro secondary industry
- Dedicated/Contract Cold Storage (Single-Client) (AFAOAFAB)
Keywords
Where Karis Cold is headquartered
LocationHeadquarters
- HQ city
- Naples
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Karis Cold business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Marketing or Sales
Revenue model
- Real Estate Development and Leasing: Karis develops and offers industrial development sites, cold storage facilities, and data center development sites for sale or lease nationwide. Revenue is generated through property sales and long-term lease arrangements for commercial and industrial real estate in key U.S. markets.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Karis Cold product offering
Product offeringCore offering
Karis Cold develops and delivers power-ready industrial real estate across three integrated product lines: purpose-built Cold Storage Facilities for food distribution and cold-chain logistics, Data Center Development Sites designed for hyperscale and mission-critical operations, and Industrial Development Sites positioned for logistics, distribution, and manufacturing. Properties are made available nationwide for sale or long-term lease to enterprise customers in high-demand U.S. markets.
Product overview
Karis operates as a national platform offering three integrated real estate development product lines: Cold Storage Facilities, Data Center Development Sites, and Industrial Development Sites. The company delivers power-ready sites designed for logistics, cold storage, and mission-critical operations, with over $3 billion in projects delivered, more than 1 million square feet of modern cold storage space available, and over 1 GW of deliverable power positions. The three product lines share infrastructure and power capabilities but serve distinct market segments—cold chain/food distribution, hyperscale data center operations, and general logistics/manufacturing.
Differentiator
Problem solved
Functional benefit
Brands
- Karis Cold: Cold storage facilities for food distribution, cold-chain logistics, and temperature-controlled operations.
- Karis Critical
- Karis Industrial
Companies that use Karis Cold
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Karis Cold technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Karis Cold partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
Karis Cold competitors and assessment
Company assessmentDirect peers
- Stack Infrastructure: Stack Infrastructure develops and operates hyperscale data center campuses, with a power-secured, site-development model that directly parallels Karis Critical's data center land bank.
- Dalfen Industrial: Dalfen Industrial is an active U.S. industrial real estate developer focused on last-mile distribution and logistics sites, with a multi-market platform-development model that mirrors Karis Industrial.
- Americold: Americold is the largest publicly traded cold storage REIT, operating and developing temperature-controlled warehouses globally. It is also a Karis customer, but its owned/developed cold storage portfolio makes it the most direct competitive comparable for Karis Cold.
- United States Cold Storage: US Cold Storage is a major U.S. cold storage operator with owned and leased facilities nationwide. Its mix of operating real estate and selective greenfield development makes it a direct comparable to Karis Cold.
- Cold Box: Cold Box is a specialized cold storage builder and developer serving the U.S. food distribution industry, making it one of the most direct comparables to Karis Cold on the build-to-suit and development side.
- T5 Data Centers: T5 Data Centers is a U.S. developer and operator of wholesale and hyperscale data centers, comparable to Karis Critical on power-secured site development and hyperscale tenant relationships.
- Lineage Logistics: Lineage Logistics is the world's largest cold storage operator with extensive owned and leased temperature-controlled warehousing capacity. Its in-house development activity directly overlaps with Karis' cold storage development pipeline.
- Crow Holdings Industrial: Crow Holdings Industrial is one of the largest U.S. developers of industrial real estate, with national scale in logistics, manufacturing, and bulk distribution development comparable to Karis' industrial pipeline.
Broad incumbents
- Prologis: Prologis is the world's largest industrial REIT with a multi-billion-square-foot logistics portfolio. While not focused on cold storage, its scale, broker relationships, and development pipeline make it a key competitor for prime industrial development sites.
- Hillwood: Hillwood is a large private industrial and mixed-use developer (Perot family) with a national industrial platform that overlaps Karis' logistics development footprint and competes for the same institutional capital partners.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Karis Cold social profiles
Digital presenceKaris Cold financial estimates
Financial estimateRevenue estimate
Valuation estimate
Karis Cold leadership team
Management profileNumber of profiles
Karis Cold funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Karis Cold M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Karis Cold
What does Karis Cold do?
Karis Cold develops and delivers power-ready industrial real estate across three integrated product lines: purpose-built Cold Storage Facilities for food distribution and cold-chain logistics, Data Center Development Sites designed for hyperscale and mission-critical operations, and Industrial Development Sites positioned for logistics, distribution, and manufacturing. Properties are made available nationwide for sale or long-term lease to enterprise customers in high-demand U.S. markets.
Is Karis Cold a public or private company?
Karis Cold is a private company. It is currently operating.
When was Karis Cold founded?
Karis Cold was founded in 2020. It employs 1 to 10 people.
Where is Karis Cold based?
Karis Cold is headquartered in Naples, United States, in the North America region.
How does Karis Cold make money?
One revenue line is on record: real Estate Development and Leasing.
Who are Karis Cold's main competitors?
Direct peers on record are Stack Infrastructure, Dalfen Industrial, Americold, United States Cold Storage, Cold Box, T5 Data Centers, Lineage Logistics and Crow Holdings Industrial. Broad incumbents are Prologis and Hillwood.
Does Karis Cold have an API?
No public API is recorded for Karis Cold.
What industry is Karis Cold in?
Karis Cold's product category is Industrial Real Estate Development. Its primary akta.pro industry code is AFAOAFAE, Temperature-Controlled Distribution Centers (DCs), with a secondary code of AFAOAFAB, Dedicated/Contract Cold Storage (Single-Client). Its SIC code is 4220.