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Cold storage in 2021 traded at an average sales price of $157 per foot, 40% higher than the overall national average price of $112 per foot. Facilities near large population centers are especially ...
U.S. Cold Storage, CoreX and Meats by Linz are collectively planning to invest more than $362 million in Northwest Indiana over the next few years.
RealCold, an affiliate of the New York-based company, will spend $1B to develop a network of distribution facilities as demand for cold storage grows alongside a rise in online grocery shopping ...
Arcadia Cold, a third-party services provider headquartered in Austin, Texas, plans to develop a network of cold storage facilities in the United States. The cold chain firm recently partnered ...
The platform uses existing IoT sensors in facilities (no additional hardware required) to uncover efficiencies and decrease energy usage in storage facilities beyond the capabilities of traditional ...
The principal challenges facing operators of cold storage facilities among them labor, increasing customer demands, and greater productivity, were addressed The principal challenges facing ...
The average age of a cold storage facility in the U.S. is 42 years old, according to real estate services firm JLL. Aging infrastructure is also fueling demand, Solem said.
On average, the Phoenix area facilities were built in 1985, he said. The amount of cold storage space he found totaled about 10.8 million square feet, some of which had dry storage space.
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