FreightCasts

Current trends in cold storage real estate - Cold Chain Summit

Episode Summary

Building speculative space in traditional industrial warehousing has been a long-standing market segment, but it’s relatively new in the cold storage world and both real estate developers and design-build companies are positioning to take advantage. “I will tell you that the amount of interest from developers and other investors – even developers that were in something other than industrial real estate – [they] see the allure of cold storage and want to get in and build spec freezer/cooler buildings,” said David Sours, senior vice president for CBRE Food Facilities Group, part of commercial real estate giant CBRE, during a fireside chat Friday during the FreightWaves Cold Chain Summit.

Episode Notes

Building speculative space in traditional industrial warehousing has been a long-standing market segment, but it’s relatively new in the cold storage world and both real estate developers and design-build companies are positioning to take advantage.

“I will tell you that the amount of interest from developers and other investors – even developers that were in something other than industrial real estate – [they] see the allure of cold storage and want to get in and build spec freezer/cooler buildings,” said David Sours, senior vice president for CBRE Food Facilities Group, part of commercial real estate giant CBRE, during a fireside chat Friday during the FreightWaves Cold Chain Summit.

 

Watch

Apple Podcast

Spotify

More FreightWaves Podcasts

 

Visit FreightCasts sponsor: Convoy makes it easy to get your full truckload freight covered by high-quality carriers at competitive rates. To get an instant quote and 100% tender acceptance guarantees, click here.