The demand for proper storage options, primarily cold storage for temperature-sensitive or perishable items, is rising with every passing day. According to experts, this has happened primarily due to the significant growth experienced by online grocery sellers.
However, the process of building these facilities involves a series of complex and expensive steps. As a result, it might be difficult for construction companies to meet the rising demand. This makes investing in cold storage a good option at the moment.
Some Relevant Data
The commercial cold storage industry of America will need around 100 million more square feet of space in the next three years. However, as mentioned above, it’s not easy to prepare these facilities. Up until June 2019, the number of newly completed or in-progress cold-storage construction was just 1.5 percent of the total number of commercial real estate construction.
So, if someone invests in cold storage now, they could see great returns in the future.
How to Make a Profit by Investing in Cold Storage?
Owners of cold storage can sell their property if they’re looking for working capital. If they do so after several years of owning the property, they could see significant returns. Cold storage properties can also be sources of substantial continuous cash flow if you decide to lease them out.
Are you interested in acquisition real estate in Dallas? If so, get in touch with TAG Industrial for a thorough consultation. Experienced agents will assist you in finding and acquiring the best property for you.