Justin welcomes Matt Anderson, Vice President of Development at Cold Summit Development. Matt delves into cold storage and what it takes to get entitlements and a project approved, but also what makes their project better than what's existing.

Highlights

  • Matt Anderson’s background in construction management & real estate development – 2:00
  • Joining Cold Summit Development – 5:30
  • How they decide which markets to target – 8:00
  • Delivering multi-tenant fully spec refrigerated warehouses – 11:10
  • Tenant profile: manufacturers, distributors, last mile delivery – 14:00
  • Sites available for lease in Dallas, Phoenix, Chicago – 17:20
  • Lease rates for cold storage buildings – 19:55
  • Integrated a building management system to improve tenant’s efficiency – 22:00
  • Capital markets interest in cold storage – 24:50
  • Land sites requirements – 27:15

Episode Resources

Connect with Matt Anderson

  • https://www.linkedin.com/in/mrandersn21/
  • https://www.coldsummit.com/

Connect with Justin Smith

  • https://smithcre.com/
  • https://www.lee-associates.com/
  • jbsmith@leeirvine.com
  • https://www.linkedin.com/in/justinbsmith