The future of cold storage is bright, as increasing global demand for fresh and frozen food products place this asset class in an irreplaceable position on the global supply chain. In an interview with IREI, Jonathan Epstein, managing partner at BGO, discussed the outlook for cold storage, barriers to entering its market and suggestions on investing in this emerging sector.
Considering the industry’s need for modernizing and evolving alongside the increase for ecommerce as well as fresh food, there is a transformation under way for cold storage assets. This transformation is evolving through modernization and technological advancements.
“Significant changes in grocery shopping, restaurant operation, pharmaceutical storage — including new diet drugs — online ordering and meal kits, agriculture, food manufacturing, and grocery logistics demand more refrigerated storage space, and in some cases, collocated food prep areas, which created a surge in demand for cold
