Marcus & Millichap Releases Cold Storage Property Research Report
Marcus & Millichap, Inc. (MMI)
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Source: Business Wire
CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today its 2024 Cold Storage Special Report, which highlights the strategic advantages of investing in cold storage properties.“A rapid rise in online grocery sales has spurred demand for temperature-controlled storage facilities,” said Alan L. Pontius, national director of Marcus & Millichap’s Office & Industrial division. “From 2019 to 2023, share of total online grocery store spending grew 470 basis points to an all-time high of over 16%. Heightened demand for online delivery and pickup options for food has grocers, restaurant food service providers, and mass market retailers expanding their operational footprints and increasing their capacities for perishable item storage.”Key research points:Cold storage spaces are an important link in the flow of climate-sensitive goods, includ
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MMI
Sec Filings
- 5/17/24 - Form 144
- 5/17/24 - Form 144
- 5/14/24 - Form 4
- MMI's page on the SEC website