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Cold Storage Buildings Draw National Interest

Vacancy rates are extremely low, and even though there is significant demand, very little new product is under development.

By Brian J. Rogal | brianjrogal | Updated on September 07, 2017

chi-mars This property at 5303 Fisher Rd. in Columbus recently underwent a renovation that transformed a portion into freezer-cooler space.

COLUMBUS—Buyers now consider industrial real estate in the US one of the best investments around, and buildings with cold-storage capabilities are especially appealing. CBRE’s corporate capital markets team has just facilitated the sale of a 465,256-square foot freezer-cooler warehouse and distribution center in Columbus, one of the premier industrial markets in the Midwest.

The team of Andrew Sandquist, JC Asensio and Briggs Goldberg listed the Mars Petcare Warehouse & Distribution Facility, located at 5303 Fisher Rd., for Singerman Real Estate and Green Door Capital, both based out of Chicago. Chicago-based Syndicated Equities and Green Door Capital purchased the single-tenant property.

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