Colliers Food Advisory Services Discusses Emerging Cold Storage Asset Class with Connect Media

Atlanta, GA – Cold storage is heating up as the industrial real estate sector now represents more than $98 billion of the global market and is projected to have a compound annual growth of 12.1% through 2025. The Colliers Food Advisory Services team of Chris Cummings, Turner Wisehart, Sam Campbell and Cater Corley sat down in a Q&A session with Connect Media to discuss the emerging cold storage asset class.

The team answered questions surrounding the coronavirus’s impact on the industrial sector, current trends in cold storage, demand and the dynamics surrounding cold storage, interest from investors in the sector as well as the risks and benefits of investing in cold storage.

To see the full article, please visit Connect Media.


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Chris Cummings

Senior Vice President, Principal

Atlanta

Since joining Colliers International in 2005, Chris Cummings has been appointed the Director of Colliers' highly specialized National Food Advisory Team. Facility specialization for the team includes refrigerated warehousing, freezer and cooler distribution, food processing and dry food distribution facilities. The Team's expertise in coordinating all technical experts, vendors, and consultants involved in the real estate process has earned them long-term and multi-market assignments with leading food organizations. 

Chris' experience serving as head of the Team has earned him a solid national and local client base and prepared him well to understand the unique requirements of food distributors, manufacturers and processors and to deliver the best service possible.

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Turner Wisehart

Vice President, Principal

Atlanta

Turner joined Colliers International in 2009 and is an industrial broker focused solely on the food industry.  As a member of the Food Advisory Services (FAS) practice group, Turner specializes in the acquisition and disposition of food manufacturing and food distribution facilities. He leverages his unique blend of food industry knowledge, industry relationships, and national transaction experience to help his clients make strategic real estate decisions and achieve transaction objectives.

Specifically, Turner has helped complete transactions in 15+ different states involving a wide range of food-grade facilities (cold storage, freezer/cooler distribution and food processing/manufacturing facilities). Turner’s clientele includes all aspects of the food supply chain such as food manufacturers and processors, food distributors (specialty and broadline), cold 3PL’s and food retailers.

Turner is a member of various food industry trade organizations and enjoys traveling to conferences across the country to continually learn more about the industry and meet new people.

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Sam Campbell

Senior Associate

Atlanta

Sam joined Colliers International in 2016. He is a member of the Food Advisory Services (FAS) practice group, and is focused solely on servicing the specialized real estate warehousing needs of food property users and owners across the entire United States. Throughout his time spent in the food industry, Sam has developed an extensive network and database of relationships that allows him to provide the highest quality service to fulfill his clients’ needs in a timely and professional manner.

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Cater Corley

Associate

Atlanta

Cater Corley joins the Food Advisory Services team as an Associate and specializes in connecting food industry users and real estate partners with the valuable services offered by Colliers. Additionally, she provides transactional support and management to help the team quickly facilitate deals.

Prior to joining Colliers, Cater spent nearly two years with Jones Lang LaSalle (JLL) as an Analyst and later, as an Associate with the Industrial team, focusing on tenant representation in the NE submarket of Atlanta. As an Analyst, Cater provided financial and market analysis, property surveys, competitive set database management, property tours and other real estate support functions. Prior to JLL, Cater gained experience in refrigerated supply chain and logistics, brokering freight for Coyote Logistics (owned by UPS).

Cater is a graduate of Davidson College where she received her Bachelor of Arts. She is a licensed real estate salesperson in the state of Georgia.

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