While many companies are in a holding pattern, this is creating a buildup of latent demand that may rapidly reshape the market once conditions stabilize.
Driven by ongoing population growth, low costs, strategic infrastructure access, and a favorable business operation environment, industrial vacancy rates remain below pre-pandemic averages, and rental rates continue to rise in key markets in the Southeast U.S.
Many in the cold storage space are using automated storage and retrieval systems to more strategically manage their inventories. The systems can stretch 150 feet in height or approximately 12 stories high.