{"id":2379,"date":"2019-06-20T16:23:03","date_gmt":"2019-06-20T20:23:03","guid":{"rendered":"https:\/\/www.lee-associates.com\/miami\/?p=2379"},"modified":"2025-04-22T19:28:14","modified_gmt":"2025-04-22T23:28:14","slug":"matthew-rotolante-sior-ccim-speaks-with-connect-media-cre-on-cold-storage-trends","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/southflorida\/2019\/06\/20\/matthew-rotolante-sior-ccim-speaks-with-connect-media-cre-on-cold-storage-trends\/","title":{"rendered":"Matthew Rotolante, SIOR, CCIM Speaks with Connect Media CRE on Cold Storage Trends"},"content":{"rendered":"<div id=\"pl-2379\"  class=\"panel-layout\" ><div id=\"pg-2379-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-2379-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-2379-0-0-0\" class=\"so-panel widget widget_sow-image panel-first-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-8b5b6f678277-2379\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2019\/06\/PR-Banner-Media-Feature_2020-Connect-CRE.png\" width=\"1250\" height=\"521\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2019\/06\/PR-Banner-Media-Feature_2020-Connect-CRE.png 1250w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2019\/06\/PR-Banner-Media-Feature_2020-Connect-CRE-512x213.png 512w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2019\/06\/PR-Banner-Media-Feature_2020-Connect-CRE-768x320.png 768w\" sizes=\"(max-width: 1250px) 100vw, 1250px\" title=\"PR Banner-Media Feature_2020 Connect CRE\" alt=\"MATTHEW ROTOLANTE, SIOR, CCIM SPEAKS WITH CONNECT MEDIA CRE ON COLD STORAGE TRENDS\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<\/div><\/div><div id=\"panel-2379-0-0-1\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p>Lee &amp; Associates South Florida President, <strong><a href=\"https:\/\/www.lee-associates.com\/southflorida\/our-team\/matthew-rotolante\/\">Matthew Rotolante, SIOR, CCIM<\/a><\/strong>, recently sat down with <strong>Connect Media CRE<\/strong> to discuss <a href=\"https:\/\/www.connect.media\/complexities-of-cold-storage-keep-supply-low-as-demand-rises\/\">cold storage trends in the marketplace<\/a>.<\/p>\n<p style=\"text-align: justify\">Born and raised in South Florida, Matt is 4th generation in a pioneer family that has bought and sold over 3,000 acres of land in South Florida since 1928. Matt has held his real estate license in Florida since 2004, and in this tenure has been involved in over $500 million in sale and lease transactions. Over the past 7 years he has developed a specialization in refrigerated warehouses leasing a 330,000 SF multi-tenant freezer facility. Matt has a close relationship with Port Miami through his father-in-law, John Ballestero, who was Director of Operations for 25 years. He is also part of Lee &amp; Associates National Supply Chain and Logistics specialty practice group.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-2379-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-2379-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-2379-1-0-0\" class=\"so-panel widget widget_siteorigin-panels-builder panel-first-child panel-last-child\" data-index=\"2\" ><div class=\"panel-widget-style panel-widget-style-for-2379-1-0-0\" ><div id=\"pl-w5e0f7c39dad7f\"  class=\"panel-layout\" ><div id=\"pg-w5e0f7c39dad7f-0\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-w5e0f7c39dad7f-0\" ><div id=\"pgc-w5e0f7c39dad7f-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-w5e0f7c39dad7f-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<blockquote>\n<h2 style=\"text-align: justify\">Complexities of Cold Storage Keep Supply Low as Demand Rises<\/h2>\n<p style=\"text-align: justify\">With a booming tourism sector and a growing population overall, South Florida is an especially strong marketplace for cold storage warehouse space. It\u2019s also a vantage point from which Lee &amp; Associates South Florida\u2019s President, Matthew Rotolante, a cold storage specialist, can provide insights into why demand in the sector is growing but supply is not.<\/p>\n<p style=\"text-align: justify\">\n<p style=\"text-align: justify\"><strong>We\u2019ve been hearing that demand for refrigerated warehouse space is on the rise. Is supply keeping up with demand?<\/strong><\/p>\n<p style=\"text-align: justify\"><strong>Matthew Rotolante:\u00a0<\/strong>Demand for refrigerated space is definitely on the rise, primarily, due to the overall growth in consumption in South Florida. This is fueled by our robust tourism industry, serving 46 million tourists who visit South Florida each year as compared to the 6.2 million residents who live here year-round. The cruise ship industry alone accounts for 10 million of that demand. While there are several new cold storage projects, or a total of about 30,000 pallet positions, supply remains tight and pricing strong.<\/p>\n<p style=\"text-align: justify\"><strong>Q: How is this affecting vacancy rates in this specialty area?<\/strong><\/p>\n<p style=\"text-align: justify\"><strong>Rotolante:<\/strong> Vacancy rates for cold storage are certainly lower than the overall industrial vacancy rate. Given that cold storage ...<\/p>\n<\/blockquote>\n<\/div>\n<\/div><\/div><div id=\"panel-w5e0f7c39dad7f-0-0-1\" class=\"so-panel widget widget_sow-button panel-last-child\" data-index=\"1\" ><div class=\"panel-widget-style panel-widget-style-for-w5e0f7c39dad7f-0-0-1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-button so-widget-sow-button-atom-f5e15082144d\"\n\t\t\t\n\t\t><div class=\"ow-button-base ow-button-align-center\"\n>\n\t\t\t<a\n\t\t\t\t\thref=\"https:\/\/www.connect.media\/complexities-of-cold-storage-keep-supply-low-as-demand-rises\/\"\n\t\t\t\t\tclass=\"sowb-button ow-icon-placement-left ow-button-hover\" target=\"_blank\" rel=\"noopener noreferrer\" \t>\n\t\t<span>\n\t\t\t\n\t\t\tRead Full Article on Connect Media\t\t<\/span>\n\t\t\t<\/a>\n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><div id=\"pg-2379-2\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-2379-2\" ><div id=\"pgc-2379-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-2379-2-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-8b5b6f678277-2379\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.lee-associates.com\/southflorida\/our-team\/matthew-rotolante\/\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-scaled.jpg\" width=\"2560\" height=\"384\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-scaled.jpg 2560w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-300x45.jpg 300w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-1024x154.jpg 1024w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-768x115.jpg 768w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-1536x230.jpg 1536w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-2048x307.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" title=\"Blog Footer_Industrial Specialty\" alt=\"Industrial Services\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Lee &amp; Associates South Florida President, Matthew Rotolante, SIOR, CCIM, recently sat down with Connect Media CRE to discuss cold storage trends in the marketplace. Born and raised in South Florida, Matt is 4th generation in a pioneer family that has bought and sold over 3,000 acres of land in South Florida since 1928. Matt has held his real estate license in Florida since 2004, and in this tenure has been involved in over $500&#8230;<\/p>\n","protected":false},"author":76,"featured_media":7747,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,105],"tags":[377,31],"class_list":["post-2379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-industrial","tag-industrial-team","tag-matthew-rotolante"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.7 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Matthew Rotolante, SIOR, CCIM Speaks with Connect Media CRE on Cold Storage Trends - Lee &amp; Associates South Florida<\/title>\n<meta name=\"description\" content=\"Demand for cold storage is definitely on the rise, primarily, due to the overall growth in consumption in South Florida. This is fueled by our robust...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/southflorida\/2019\/06\/20\/matthew-rotolante-sior-ccim-speaks-with-connect-media-cre-on-cold-storage-trends\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Matthew Rotolante, SIOR, CCIM Speaks with Connect Media CRE on Cold Storage Trends\" \/>\n<meta property=\"og:description\" content=\"Demand for cold storage is definitely on the rise, primarily, due to the overall growth in consumption in South Florida. 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