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Demand Growing for Cold Storage Sector

Driven by the expansion of e-commerce and the growing popularity of specialized food delivery, an extraordinary demand exists nationwide for new freezer and cooler space.

http://www.globest.com/sites/brianjrogal/2016/08/11/ex-dominicks-space-gets-a-tenant/ Bridge Development Partners recently filled up its new cold storage facility located at 555 Northwest Ave. in Northlake, IL.

CHICAGO—This region’s industrial sector is in the midst of an unparalleled boom. Developers have launched record-breaking numbers of new warehouse and distribution centers, and tenants have lined up to fill most the new space.

But according to a new study by NKF, one subtype that needs more growth and investment is cold storage. Driven by the expansion of e-commerce and the growing popularity of specialized food delivery, an extraordinary demand exists nationwide for new freezer and cooler space, but developers remain leery.

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Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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