Cold storage used to be one of those industrial subcategories nobody outside the logistics world thought much about. Not anymore. Institutional money has piled into this space over the past few years, though 2026 is actually a messier moment for the sector than the “hot niche asset class” pitch usually lets on. Vacancy hit a 20-year high of nearly 7% at the end of 2025, more than double where it sat five years back, after a wave of new construction […]