In this episode of the Industrial Advisors podcast, hosts Bill Condon and Matt McGregor delve into the rapidly growing cold storage sector. They discuss the significant rise in demand for cold storage spaces, driven by changes in consumer demand for fresh foods and pharmaceuticals. Despite the high costs of infrastructure, cold storage rents are more than double compared to regular industrial buildings. The hosts highlight the lack of vacancy and the challenges in securing new cold storage spaces, suggesting the need for speculative development to meet market demands. They also examine the evolving nature of cold storage requirements and the increasing interest from investors, projecting continued growth in this niche market.

00:29 Welcome to Industrial Advisors Podcast

00:38 Current Market Demand and Vacancy

00:48 Specialized Cold Storage Teams

01:09 Local Market Challenges

01:41 Speculative Development Risks

03:10 Drivers of Cold Storage Demand

04:00 Speculative Development Trends

05:49 Conclusion and Future Outlook

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