Looking back on what we’ll call 2020 B.C. (Before Coronavirus), the pipeline for cold storage construction was already robust and healthy. According to research by commercial real estate firm CBRE, overall industrial construction—which encompasses cold storage, along with warehouses, distribution centers, manufacturing facilities, self-storage, office and flex space—was at 298 million square feet (MSF) before COVID-19, bolstered by the ongoing rise of e-commerce.
In-progress warehouse construction in the United States totaled 255 million square feet at the end of this year’s first quarter.
June 20, 2019
Warehouse construction has reached unprecedented levels in the United States due to e-commerce demand, and conditions in many markets indicate that new supply can be leased up prior to construction completion or shortly thereafter, according to a new report from CBRE, Los Angeles.
The data reveals that not only has design-build seen increased usage in all sectors and regions of the United States, but that the industry has also witnessed extraordinary project outcomes and innovation across all sectors.
August 21, 2018
Industry analysts at Food Marketing Institute (FMI), Arlington, Va., completed an assessment of the non-residential, highway/street and water/wastewater design-build construction market to deliver a comprehensive look at design-build’s market size, direction, trends and drivers.
In the United States, prime rents have been driven by both strong demand for facilities, and in some markets, limited new supply.
July 20, 2017
U.S. industrial hubs posted the strongest growth in prime logistics rents for the past year, and Asian markets remained the world’s most expensive, as demand for top-quality warehouses and distribution centers continued to outpace supply globally, according to a new report from CBRE, Los Angeles.
Refrigerated storage and distribution facilities account for more than $1.2 billion in project spending plans.
January 27, 2017
A plan to build a $60 million cold storage facility in Houston, Texas, by XTL Inc., Philadelphia, Pa., is just one of 93 project plans by food and beverage firms to expand existing storage and distribution facilities or build new ones across the United States in 2017.
The report shows that the design and construction industry in the United States is poised for wider adoption of building practices that prioritize the physical, mental and social well-being of tenants and occupants.
September 16, 2016
The design and construction of healthier buildings is a key business benefit for building owners, developers, managers and investors, according to the results of a new SmartMarket Report released by Dodge Data & Analytics, New York, in partnership with U.S. Green Building Council (USGBC), Washington, D.C.
The California Construction Expo is the Golden State’s premier gathering for contractors, designers, construction professionals, suppliers and construction workers to learn directly from government agencies about the increasing opportunities associated with $150 billion in public work programs currently proposed or underway.
Check out the September 2020 edition of Refrigerated & Frozen Foods: Cold storage construction and COVID-19, how foodservice is adapting to coronavirus challenges, SugarCreek, 2020 cold storage construction guide & directory and much more!