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Investors appeared spooked by signals of a demand drop for cold storage and warehousing. Still, the company maintained its guidance for full-year 2025 adjusted EBITDA of $1.35 billion-$1.4 billion.
Heightened demand for cold-storage space in the U.S. has led to low vacancy rates and investments in new warehouse developments to meet tenants' needs, according to a 2024 Colliers report.
Cold-storage warehouse for Rosina in West Seneca gets ECIDA tax breaks That means it’s capable of handling 6,800 pallets of cold storage and 780 pallets for dry storage.
A little over a decade ago, Aurora built the 420,000-square-foot Sysco warehouse and distribution complex in Central Islip, nearly half of which is equipped for cold storage.
According to the Claremont Development website, the larger warehouse will have 200,600 square feet of freezer space, 12,100 square feet of office space, and a 41,466-square-foot cold dock.
The cold-storage warehouse company that is seeking to build a new facility in West Seneca, adjacent to Rosina Food Products' meatball plant, is seeking tax breaks for the $46 million project.
Chick-Fil-A paid $50.5 million in February for the aging cold storage warehouse at 3225 Meridian Parkway that the company plans to replace. The 207,335-square-foot warehouse, built on a 15.8-acre ...
The revised plan includes one cold storage warehouse instead of the two that were previously approved. SAYREVILLE – The developer who purchased the borough's former landfill for $20 million ...
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