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Vaccine Expectations Create Cold Storage Boom

Right now, there are nearly 400 vaccines for Covid-19 in development. When some of those are approved for widespread use, they’ll need to be stored and distributed from temperature-controlled spaces.

Companies are already lining up giant cold storage facilities, also known as freezer farms, to securely store millions of vials of a vaccine, according to a new report from JLL.
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5 Ways Industrial Real Estate Changed From 2010 To 2020

The start of a new decade is an excellent time to look back and reflect on how real estate markets, industries, and returns have changed over the past 10 years.

Seeing what new technologies, businesses, and policies altered the market can help investors gain insight into changes that could come in 2020 and beyond. As of late, industrial real estate has been one of the top-performing sectors of the commercial real estate (CRE) industry, but a lot has changed over the past decade.

Here are five ways industrial real estate has changed from 2010 to 2020.

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Opportunity Zones Seen As A Bonus Rather Than Driving Force On Deals

opportunity zones

Real estate in opportunity zones across South Florida has been springing up for sale offering development potential to investors along with a tax break.

The special designation pushed up asking prices for some sites, said a broker listing some of the properties. An attorney who isn’t working on any of the deals said his clients generally aren’t setting out to pursue OZ sites but consider it a bonus.

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