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The company that would later be known as Frasers Property was incorporated in 1963 as Cold Storage Limited, [1] a market and retail chain. [2] The first property it developed was a shopping centre known as The Centrepoint located on Singapore's Orchard Road. Construction on that development started in 1980 and was completed in 1983.
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. [5] The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world.
Cold storage companies began to appear when food preservation using ice became commercialized. Ice was farmed from lakes during the winter, and stored, surrounded by straw to insulate it, so that it could be used well into early summer. Ice houses and ice warehouses began to appear and blocks of ice were sold for domestic and commercial use.
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
2800 Polar Way is a cold storage facility located in Richland, Washington, United States, where it dominates the northern landscape. [4] It is both the largest refrigerated warehouse [5] and the largest automated freezer on Earth. [6] Holliday Fenoglio Fowler (HFF) [7] financed the build-to-suit refrigerated warehouse for tenant Preferred ...
CBRE Group, Inc. (an initialism of Coldwell Banker Richard Ellis) is an American commercial real estate services and investment firm. [2] It is the world's largest commercial real estate services and investment firm (based on 2022 revenue). [3] [4] [5]
A cold storage warehouse in Anacortes, Washington A room in a cold storage warehouse, c. 1891. A cool warehouse or cold storage warehouse is a warehouse where perishable goods are stored and refrigerated. Products stored can be, amongst other things, food, especially meat, other agricultural products, pharmaceutical drugs, other chemicals and ...
[15] In the UK, warehouses are classified under the Town and Country Planning Act 1990 as the industrial category B8 Storage and distribution. [16] [17] Types of warehouses include storage warehouses, distribution centers (including fulfillment centers and truck terminals), retail warehouses, cold storage warehouses, and flex space. [18] [19]
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