CBRE predicts that much of the growth in the cold storage sector will occur in gateway markets like Los Angeles and the New York area, as well as leading food-production states such as Pennsylvania. CBRE predicts that much of the growth in the cold storage sector will occur in gateway markets like Los Angeles and the New York area, as well as leading food-production states such as Pennsylvania.

PHILADELPHIA—The continued growth in online grocery sales is one factor that prompts CBRE to predict demand for up to 100 million square feet of cold storage space in the US over the next five years.

In a newly released report, CBRE ranks Pennsylvania, and specifically the Lehigh Valley as the sixth largest cold storage market in the country with 213.5 million square feet of inventory.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.