In a NAIOP blog article, Kevin Rivest offers insights into the booming cold storage sector, emphasizing strategies for success in this niche market. He discusses the critical role of strategic location and technological advancements in meeting the demands of the food, pharmaceutical, and e-commerce industries. Kevin underscores the importance of collaboration between developers and operators to create efficient, modern facilities.
Kevin also addresses challenges such as rising construction costs and operational complexities. Despite these, he remains optimistic about cold storage's long-term potential, noting stable demand and limited supply make it a lucrative investment.
Read the full article here.