A couple weeks late, but we the @NAIOP#ICONCold conference in #Vegas was a big success again in its second year. Here are 10 takeaways from the event:
1. Overall demand for cold storage, food distribution and food manufacturing facilities has been down in 2024.
2. Weakened…
We had a great #coldstorage panel last week at the @NAIOP iCon East conference! Lot's of great insights from Chris Copenhaver, Matthew Wassel and Randy Thompson. Some of what we discussed is captured in this article: lnkd.in/eZUu6Eiw.
I just ran a survey of available cold storage / food distribution buildings in the Southeast (specifically AL, FL, GA, NC, SC, TN) 50K SF and up... and there is a lot.
5,951,210 square feet across 25 buildings.
There is a wide range in quality of buildings, and thus a wide…
277,785 SF of cold storage in all its glory having finishing touches put on it. This building is ready for a tenant so we can crank it down to -10° F 🥶
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I walked through this beauty yesterday with a couple prospects. 277,000 square feet of brand new cold storage outside of Charlotte. Punch list items being completed now with delivery in 2 weeks.
Watching a cold storage building go from early stages of planning to completion is so cool. This building is in the final weeks to delivery and now we just need a Tenant to bring it to life.
Some cold storage / food distribution / food manufacturing space we have available:
102,457 SF – Atlanta, GA – Bakery/Manuf – for Sale
185,193 SF – Atlanta, GA – Tri Temp – for Lease
288,174 SF – Wilmington, NC – Freezer – for Sublease
486K SF – Birmingham, AL – Freezer/Cooler…
Take a virtual walk through this -10° F space so you don't have to physically walk through it. But also set up a tour and let's physically walk through it!
vimeo.com/914829292?shar…
Leases signed on speculatively built #ColdStorage buildings:
-2019: 1
-2020: 1
-2021: 1
-2022: 10
-2023: 9
-thru January 2024: 2
Before 2019? None ever.
About to hit the market: ~102,000 SF food production facility in #Atlanta. Former frozen baked goods facility. It will be available for sale or can be leased.
We will have details in a week or so, but reach out if you or your client would like some info in the meantime.
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