At some point in the not-too-distant future, there’s a good chance that the majority of people in the U.S. are going to begin buying their groceries online. People are already buying just about everything else they need online, so it’s only a matter of time before they start food shopping online as well. They will be able to place an order and have groceries shipped directly to their homes in a short amount of time.
This development is expected to have a big impact on all of the supermarkets out there. But it’s also going to play a big role in the growth of the warehouse industry. In fact, CBRE is estimating that there could be a new demand for as much as 35 million square feet of cold-storage space over the course of the next 7 years. That would represent a huge jump in the amount of cold-storage space available to those who need it.
At the moment, CBRE reports there is about 180 million square feet of cold-storage space scattered throughout the country, mostly in the form of refrigerated warehouses where food products are stored. There is another 300 million square feet of grocery stores and other establishments that refrigerate and freeze food for sale. Therefore, the fact that there could be an additional 35 million square feet of cold-storage space thrown on top of that is pretty remarkable. It shows just how impactful buying groceries online could be to those in the warehousing field.
If you run a company that could benefit from obtaining refrigerated space or another type of warehouse, Affiliated Warehouse Companies can help you find it. We have warehouses located throughout the U.S. and in Canada and Mexico. Call us at 732-739-2323 today to start looking around for a warehouse that will work for you and your business.
