The cost to develop multistory warehouses continues to be higher than a more traditional industrial box, one reason why taller warehouses are likely to remain a fairly niche part of the market and concentrate in the nation’s densest cities.
colliers international report Archives - Miami Airport Warehouses
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Cold-Storage Sales Set New Record Last Year
Cold storage, a niche subsector of the industrial real estate market, is heating up. Driven by — what else — e-commerce and the pandemic, the cold-storage market was valued at $89 billion in 2018 and is projected to reach $218 billion by 2026, growing at a compound annual rate of 11.7% between 2019 to 2026,