The Big Reason Cold Storage REITs Could Make You a Fortune
The COVID-19 pandemic caused a major shift in the way consumers purchase goods. While e-commerce was most certainly picking up before the pandemic, digital sales have soared over the past two years.
Within the realm of digital sales, one specific trend that's really taken off is an increase in online grocery purchases. This made sense during periods of high COVID-19 transmission rates from a health standpoint. But consumers are continuing to order groceries online, perhaps to capitalize on the convenience and time savings of not having to visit the supermarket in person.
But an uptick in online grocery sales is fueling the need for more space to store the items being ordered -- many of which can't simply sit on a regular shelf. And that's why now's a great time to consider investing in cold storage.
Source Fool.com
