Why is Cold Storage So Hot Right Now?

For many years, cold storage real estate was considered to be a less valuable asset than standard dry storage warehouses. While the cold chain has always been critical for the safe and efficient storage of food and pharmaceuticals, the heavy specialization and niche use cases for these properties has ultimately led to underdevelopment in the sector. More recently, demand for cold storage assets has spiked considerably as a result of the COVID-19 pandemic. There are multiple factors playing into this demand, ensuring that cold chain ... Read More

2020-10-19T15:13:21+00:00October 19th, 2020|Articles, Frank P. Crivello, Milwaukee|

Store Here Self Storage Announces New Facility in Racine Wisconsin

As published in Benzinga Orange, CA, October 11, 2020 --( Store Here Self Storage (“Store Here”), a national self-storage operator with facilities across thirteen states, announces the construction of a new self-storage facility, Store Here Self Storage in Racine, Wisconsin. The converted industrial facility in Racine, Wisconsin will offer 150,000 net rentable square feet of indoor, heated self-storage rental units in a convenient, single story configuration. This new Store Here Self Storage location features all ground-floor units with easy access ranging in sizes as small ... Read More

2020-10-13T14:29:39+00:00October 13th, 2020|Articles, Frank P. Crivello, Milwaukee|

Phoenix Investors Buys 1.6 MSF Industrial Portfolio

As published in Commercial Property Executive Phoenix Investors has expanded its industrial footprint in Tennessee. The company acquired a collection of three properties totaling approximately 1.6 million square feet in Church Hill, Dresden and Kingsport for an undisclosed price. Newmark Knight Frank represented the seller, Frog Properties, in the transaction. The largest property spans 857,056 square feet across three buildings in Church Hill, Tenn. Located at 121 Kingsport Press Road, the site previously hosted the Quebecor World facility and has an interior 300-foot rail spur that allows access ... Read More

2020-10-06T18:51:32+00:00October 6th, 2020|Articles, Frank P. Crivello, Milwaukee|
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