The average age of cold storage assets in the US is 42 years. Users are demanding state-of-the-art, temperature-controlled facilities.
Institutional capital has shied away from this asset type in the past, leaving room for value creation.
Markets are demanding an additional 75 to 100 million square feet of freezer/cooler space over the next 5 years.
Factors like COVID-19 and changes in e-commerce are driving an increase in cold storage demand across the logistics chain.
Cold storage users often require specialized facilities. Karis Cold acquires optimal locations and develops facilities customized to fit the needs of our clients.
Cold storage facilities that serve the needs of multiple users can reduce per-pallet costs. We favor bringing together clients to a single facility when helpful.
Expensive cold storage real estate can trap valuable capital in illiquid assets. We free up that cash for our clients by purchasing their existing facilities and leasing them back on favorable economic terms.
We purchase and repurpose older cold storage facilities into modern, high-quality facilities to meet the needs of today’s users.
