Cold Storage Bldgs. Ready for Center Stage
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Preferred Freezer Services at 2500 S. Damen Ave. in Chicago
CHICAGO—The economic recovery has brought many asset types back to health, but other changes in the economy, such as the rise of e-commerce, have also transformed certain sectors such as product distribution. Likewise, the cold storage industry is set to undergo big changes that could fuel its rise as an asset class of far greater interest to investors.
“It’s a property type that people will want to be looking at going forward,” Nancy Hardy, a research analyst withCushman & Wakefield, tells GlobeSt.com. Many people in the US have committed to eating healthier, and this change in habits means millions of consumers will want access to certain foods throughout the year, leading to a greater need for cold storage facilities…
