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Cold Storage’s Explosive Growth Hasn’t Removed Its Risk


The growth in the cold storage sector of industrial real estate over the past 12 months has been simply staggering.

Average rent for U.S. cold storage space increased about 15% from the first quarter through the end of last year, CoStar Group reports. Since 2017, rent in the sector has grown by 29%, easily outpacing the still-impressive 21% growth in industrial properties overall over that time period.

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