CONSOLIDATION OF MASTER LEASE AGREEMENT

Exhibit 10.18

         Consolidation of Master Lease Agreements, dated as of the 23rd day of January, 2002 (this “Consolidation”), made among (i) VC Omaha Holdings L.L.C., a Delaware limited liability company, and Carmar Freezers Thomasville L.L.C., a Delaware limited liability company (collectively, “Landlord I”), (ii) VC Freezer Amarillo, L.P., VC Freezer Fremont L.L.C., VC Freezer Garden City L.L.C., VC Freezer Phoenix L.L.C., VC Freezer Sioux Falls L.L.C., VC Freezer Springdale L.L.C., VC Freezer Russelville L.L.C., VC Freezer Texarkana L.L.C., Carmar Freezers Russelville L.L.C., VC Freezer Fort Worth L.L.C., Americold Corporation, VC Freezer Kentucky, L.L.C., VC Freezer Massillon, L.L.C., VC Freezer Strasburg, L.L.C. and VC Freezer Babcock, L.L.C. (collectively, “Landlord II”), (iii) Americold Corporation, an Oregon corporation (“Landlord III”, and collectively with Landlord I and Landlord II, the “Landlords”), and (iv) Americold Logistics, LLC, a Delaware limited liability company (“Tenant”).

W I T N E S E T H:

         Whereas, Landlord I and Tenant are parties to a certain Master Lease Agreement, dated as of March 11, 1999, as amended by that certain letter agreement, dated November 30, 1999, that certain Second Amendment to Master Lease Agreement, executed May 11, 2001 and effective as of February 22, 2001 and that certain Third Amendment to Master Lease Agreement, dated as of December 27, 2001 (as so amended, “Lease I”);

         Whereas, Landlord II and Tenant are parties to a certain Master Lease Agreement, dated as of March 11, 1999, as amended by those certain letter agreements, dated November 30, 1999, and March 22, 2000, that certain Third Amendment to Master Lease Agreement, executed May 11, 2001 and effective as of February 22, 2001, and that certain Fourth Amendment to Master Lease Agreement, dated as of December 27, 2001 (as so amended, “Lease II”)

         Whereas, Landlord III (through its predecessor, URS Logistics, Inc.) and Tenant are parties to a certain Master Lease Agreement, dated as of March 11, 1999, as amended by that certain letter agreement, dated November 30, 1999, that certain Second Amendment to Master Lease Agreement, executed May 11, 2001 and effective as of February 22, 2001, and that certain Third Amendment to Master Lease Agreement, dated as of December 27, 2001 (as so amended, “Lease III”)

         Whereas, Landlord III and Tenant are parties to a certain Master Lease Agreement, dated as of February 28, 1999, as amended by that certain letter agreement, dated November 30, 1999, that certain Second Amendment to Master Lease Agreement, executed

May 11, 2001 and effective as of February 22, 2001 and that certain Third Amendment to Master Lease Agreement, dated as of December 27, 2001 (as so amended, “Lease IV” and, together with Lease I, Lease II and Lease III, the “Leases”);

         Whereas, the Landlords and Tenant wish to consolidate the Leases so that the same shall constitute a single lease.

         Now, Therefore, for Ten Dollars and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

         1.     Definitions. All capitalized terms used but not defined herein shall have the meanings given such terms in the Leases.

         2.     Consolidation of Leases.

         3.     Authority. Each party hereto represents and warrants that this Consolidation has been duly authorized, executed and delivered on behalf of such party.

         4.     Miscellaneous.

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         In Witness Whereof, the parties hereto have caused this Consolidation to be duly executed by their duly authorized representatives as of the day and year first above written.