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Why Real Estate Investors Are Warming Up To The Risky Business Of Cold Storage

cold storage

Those perishable pharmaceuticals, fresh holiday flowers and frozen Thanksgiving turkeys are getting some new places to roost.

In the next few years, more than 400,000 square feet of cold storage is coming to South Florida. That’s still far less than the 1.5 million total square-footage of industrial warehouse space in the pipeline, according to the CBRE Group.

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Seaboard Marine Expands Its Cargo Services At PortMiami

PortMiami’s largest cargo terminal and carrier, Seaboard Marine, has added a new direct service between Miami, Guayaquil, Ecuador, Callao, Peru and Paita, Peru.

The weekly service is scheduled to start in early August and will be supported by three dedicated vessels transiting via the Panama Canal to and from Ecuador and Peru.

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Could Trump’s Trade Policies Ripple Through Miami’s Industrial Real Estate?

President Trump’s intentions to curb America’s trade deficits by beefing up US exports and curbing imports drive could drive policy changes that trickle down to industrial markets around the nation, according to a new Cushman & Wakefield report.

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