Inside the Complex Cold Storage Sector

 

originally published by JEFF ZBAR for NAIOP National

cold storage

The years leading up to the pandemic were hot for cold storage. It only promises to grow going forward.

With the cold storage vacancy rate around 4%, over 100 million square feet of cold storage space will be built in the U.S. in the next five years. As 78% of cold storage facilities in the U.S. are over 20 years old, the market promises to remain active for the foreseeable future.

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