The Wall Street Journal: Cold Storage for Food Is Hot Real-Estate Play
A surge in online grocery shopping is intensifying demand for food-storage warehouses, sparking billions of dollars in new real-estate development.
Shopping for groceries online was taking off even before the pandemic. Services like
Amazon Fresh, FreshDirect and Misfits Market offered a convenient alternative to the supermarket. Demand soared when people started worrying that they could catch Covid-19 on a trip to the store.
