In our September magazine, we drilled down into many of the trends shaping design-build and cold facility construction today. If you haven’t had a chance to read it yet, you can catch up by clicking here, but to summarize, cold storage and cold facility construction is booming, and demand is outpacing supply. Project pipelines are robust not just through 2021, but well into 2022 too. None of the design-build/construction firms we surveyed in our September story said they have less work in 2022 than in 2021, which is great news all around, despite labor and building material shortages.
While our focus in September was on actual construction and retrofit trends, in this issue, we wanted to take a step back and offer a few strategies for industrial site identification prior to building, particularly since greenfield sites are in high demand today. We spoke with two industrial real estate experts from the firm CBRE (Coldwell Banker Richard Ellis): Art Rasmussen, SVP, and David Sours, SVP national food facilities group, for their tips to investors assessing a potential cold facility site.