Ti Cold Development, a nationally recognized leader in the cold chain industry, has begun work on a 315,000-square-foot cold storage facility in Phoenix. Upon completion, this facility will feature nearly 40,000 pallet positions, a 60-foot-deep refrigerated dock, 40-foot-deep refrigerated rail dock and -10F to 35F, fully convertible refrigerated / frozen space.
Looking back on what we’ll call 2020 B.C. (Before Coronavirus), the pipeline for cold storage construction was already robust and healthy. According to research by commercial real estate firm CBRE, overall industrial construction—which encompasses cold storage, along with warehouses, distribution centers, manufacturing facilities, self-storage, office and flex space—was at 298 million square feet (MSF) before COVID-19, bolstered by the ongoing rise of e-commerce.