Items Tagged with 'CBRE Group'

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Cold Storage Construction and COVID-19

How the pandemic is transforming new-build and renovation projects in 2020.
Michael Costa
Michael Costa
September 1, 2020

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. 


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Report shows cold storage gaining favor with investors for traditional warehouses

However, challenges stemming from the specialized nature of the sector will continue to restrain additional growth in transaction volume.
December 11, 2019
Investors increasingly are warming up to the U.S. cold storage warehousing sector, pushing cap rates for class A facilities closer to those of traditional high-quality warehouses, according to a new report from CBRE, Los Angeles.
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Analysis: Demand surging for cold storage warehouses, but construction requirements pose challenges

The growth of online grocery sales has stoked demand for additional cold storage warehousing space in the United States.
October 1, 2019
The growth of online grocery sales has stoked demand for additional cold storage warehousing space in the United States, but the cost and complexity of constructing cold storage facilities might make meeting that demand challenging, according to a new report from CBRE, Los Angeles.
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CBRE acquires MEGA

CBRE | MEGA manages a portfolio of more than 5.5 million square feet.
July 8, 2019
CBRE Group, Inc., Los Angeles, acquired its longtime affiliate, CBRE | MEGA, an Omaha, Neb.-based commercial real estate services firm managing a portfolio of more than 5.5 million square feet.
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Report: Warehouse sector's construction rate supported by e-commerce demand

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.
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Report: Demographic shifts spur overhaul of U.S. food, beverage industry

The food and beverage sector will undergo rapid evolution due to demographic shifts, economic factors and automation.
April 18, 2019
The new report, published by CBRE, Los Angeles, makes several predictions about the near-term outlook for the U.S. restaurant and grocery industries and potential implications for retail real estate.
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Report: Labor a concern for warehouse owners, operators

Data identified multiple U.S. markets that offer combinations of availability, quality and cost of labor for warehouses and distribution.
September 5, 2018
The rapid growth of e-commerce is forecast to create demand for another 452,000 warehouse and distribution workers in the United States this year and next, signaling an acceleration of job growth, according to a new report from CBRE, Los Angeles.
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Report: Growth in online grocery sales expected to increase demand for cold storage warehouse space

CBRE’s analysis found that larger concentrations of food-grade cold storage facilities occur in states with substantial agricultural production, large populations or both.
March 15, 2018
The growth of online grocery sales could result in demand for up to 35 million square feet of U.S. cold storage space shifting from retail stores to warehouses and distribution centers within the next seven years, according to a new report from CBRE, Los Angeles.
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