The global COVID-19 pandemic thrust industrial real estate into the spotlight as more people shopped from home, creating a seemingly insatiable demand for warehouse and logistics space to store and move the goods they ordered. As a result, rent for industrial properties increased 6.3% in 2022 to $7.03 per square foot, and the market set
With cold storage warehouse space in the US jammed to capacity from coast to coast, the pace of temperature-controlled industrial warehouse acquisitions, expansions and new facilities will accelerate in 2022. The demand for freezer space at cold storage warehouses may soon exceed their capacity as US consumers who have gotten used to purchasing groceries online