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Expansion Of Cold Chain Is Driving Industrial Growth

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 during the pandemic continue to stuff their refrigerators with frozen food.
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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, according to research by commercial real estate firm Avison Young USA Inc.
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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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