In this new age of Covid-19, many industries are working towards a newer normal for their operations. One industry that is dealing with increased demand and also constant disruption is the food distribution industry. Simply put, there’s just so great of a need as we continue to shelter in place that food production is soaring. With that, storage is key for those online and retail grocers that are trying to satisfy all consumers nationwide.
Cold storage is looking at a massive rise in increased storage space to help those essential businesses keep the food flowing. CBRE Research explored the relationship between e-commerce grocery growth and cold storage warehouse capacity, finding that up to 100 million sq. ft. of industrial freezer/cooler space will be needed to meet the demand generated by online grocery sales in the next five years … but that was before this pandemic started, meaning the additional storage need is greatly accelerated now.
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