Warehouse, Distribution Centers Rack Up More than $3.2 Billion in Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--This year has been strong for the warehouse and distribution segment of the U.S. Food and Beverage Industry. Investments to build new facilities and expand current operations are on the rise. Industrial Info is currently tracking more than 175 warehouse and distribution center projects worth a combined $3.2 billion.

Project types include dry-storage facilities and refrigerated facilities, and include both grassroot construction and plant expansions. The investment value of individual projects range from $1 million to as much as $185 million.

The cumulative value of all projects shows just more than 28.5 million square feet in proposed construction.

Project footprints range in size from 10,000 square feet to 1.2 million square feet. The majority of the projects are in the 200,000- to 300,000-square-foot range. Project plans in the 50,000- to 100,000-square-foot range tallied up to just more than 50. Meanwhile, just more than a handful of the projects call for more than 1 million square feet of contiguous space.

Some examples of the current offerings are:

• $10 million grassroot cold storage facility (50,000 square feet) in Arkansas
• $25 million grassroot beverage distribution center (158,000 square feet) in Texas
• $44 million grassroot grocery distribution center (650,000 square feet) in Texas
• $60 million cold storage facility expansion (185,000 square feet) in California
• $125 million grassroot food distribution center (500,000 square feet) in New York

Industrial Info's database of active capital and maintenance expenditures of the Food and Beverage Industry across North America, and the Sugar Processing Industry and Water Desalination Segment worldwide, shows current expenditures of $54.4 billion and more than 3,500 active projects. The North American portion comes out to more than 2,200 active projects that total more than $32 billion.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.