Cold Storage Feels The Chill Of Inflation, Power Costs Cold storage is one of a few benefactors of the dramatic shift in consumer tendencies that resulted from the pandemic, but as the ebbing effects of the virus ripple and collide with other forces, this subsector of the red-hot industrial real estate market faces growing pains. Like many sectors, rising inflation and interest rates, labor challenges and general economic uncertainty pose a challenge for owners and operators in this specialized real estate type, but a steady stream of demand keeps the industry at least partially insulated with cash flows tied to a universal activity: eating. “Cold storage as a business is based on people consuming food and no matter what is consumed, where it is consumed, this food goes through the exact same cold storage supply chain,” CenterSquare Investment Senior Investment Strategy Analyst and Global ESG Lead Uma Moriarity said. Refrigerated storage options were already growing… Read the full story here. |