Cold Storage for Food Is Hot Real-Estate Play
Lauren
·
1 minute read
A surge in online grocery shopping is intensifying demand for food-storage warehouses, sparking billions of dollars in new real-estate development. Shopping for groceries online was taking off even before the pandemic. Services like Amazon Fresh, FreshDirect and Misfits Market offered a convenient alternative to the supermarket. Demand soared when people started worrying that they could catch Covid-19 on a trip to the store.
