The Wall Street Journal: Industrial Real-Estate Developers Are Hot on Cold-Storage Warehouses
29 Jun 2022
News
Industrial real-estate developers have been stepping up building cold-storage warehouses in the U.S. without tenants lined up for the space, betting that pandemic-driven changes in the way consumers buy groceries and meals are here to stay.
Nearly 3.3 million square feet of refrigerated warehouse space was under construction through the second quarter of this year nationwide without companies slated ahead of time to take up the sites, some 1,000% more than was built in 2019, according to a report by real-estate services firm CBRE released on Wednesday.
Click here to view the original article from The Wall Street Journal.
More Topics
Biden Administration Launches $500 Million Program to Transform Mines Into New Clean Energy Hubs
Jun 29 2022WASHINGTON, D.C.— The Biden Administration through the U.S. Department of Energy (DOE) today issued a Request For Information (RFI) to inform a $500 million program funded by President Biden’s Bipartisan Infrastructure Law to place clean energy demonstration projects on current or former mine lands across America. Operated through DOE’s Office...
MINNEAPOLIS -- Over $3 million in federal funding has been awarded to the Mille Lacs Band of Ojibwe to boost tribal entrepreneurship.
On Tuesday, U.S. senators Amy Klobuchar and Tina Smith announced that the Economic Development Administration awarded the funding, which is provided through the American Rescue Plan's Indigenous...
United States Steel Corp. announced it will construct an approximately $150 million system on Minnesota's Iron Range to produce DR-grade pellets.
U.S. Steel plans to break ground on the system this fall at one of its two Minnesota Ore Operations facilities, Minntac Mine in Mountain Iron or Keetac in...
