Wonton Wealth

What is Cold Storage? (Big Ass Refrigerators)


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In this conversation, Tanh Truong interviews cold storage expert Jomar Benoit, who shares insights into the complexities and importance of cold storage in the commercial real estate sector. Jomar discusses the critical role of temperature control, the differences between cold storage and standard warehousing, and the essential components of cold storage facilities. He highlights the operational challenges, common mistakes, and the growing demand for cold storage globally. The conversation also delves into investment potential, the impact of technology and AI, and the future of cold storage development.

Takeaways

1. Cold storage is critical for maintaining the integrity of perishable goods.2. Temperature control is essential for various products, including food and pharmaceuticals.3. The building envelope and insulation are vital for energy efficiency in cold storage.4. Different products require different temperature zones within cold storage facilities.5. Refrigeration systems are the backbone of cold storage operations.6. Operational efficiency can significantly impact the cost of running a cold storage facility.7. Common mistakes in cold storage operations include poor maintenance and lack of safety protocols.8. Tenants look for specific amenities like reefer plugs for temperature continuity.9. Liability and insurance are significant concerns in the cold storage industry.10. The global demand for cold storage is increasing, especially in developing regions.

Chapters

00:00 Introduction to Cold Storage and Jomar Benoit02:45 Understanding Cold Storage: Definition and Importance05:20 Key Components of Cold Storage Facilities08:39 Temperature Ranges and Their Impact on Storage11:06 Building Design and Structural Integrity13:13 Operational Challenges in Cold Storage16:22 Market Trends and User Preferences19:05 Development vs. Redevelopment of Cold Storage22:06 Cost Considerations in Cold Storage Development25:15 Location Factors for Cold Storage Facilities28:12 Operational Efficiency and Common Mistakes29:38 Safety Protocols in Cold Storage Operations

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Wonton WealthBy Tanh Truong

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