January 6, 2025 9:00 AM
星空体育app下载 announces the addition of Dave Aschenbrand as Executive Managing Director to advance and further expand cold chain services alongside Executive Managing Director Adam Petrillo. With over 25 years of sector experience spanning capital markets, leasing, supply chain and cold storage solutions, Aschenbrand’s appointment elevates and fortifies the Company’s industrial Cold Chain capabilities globally, providing holistic and differentiated advisory with integrated specialists to support clients at each stage of the real estate life cycle for the highly nuanced asset class.
“Cold storage continues to thrive as a key segment in the commercial real estate market, and 星空体育app下载 is strategically expanding its capabilities to meet the growing demand and to deliver specialized solutions in a sector that requires both precision and scale,” said Jack Fraker, President, Global Head of Industrial and Logistics, Capital Markets. “Hiring top-tier professionals like Dave enables us to lead in delivering innovative solutions to our clients. With a solid track record of delivering impactful, industry-leading solutions, his approach drives value across the supply chain, ensuring clients receive best-in-class advisory tailored to meet their unique needs.”
鈥淎s a renowned subject matter expert in cold storage, with a profound understanding of both the market and the complexities of this asset class, Dave will be instrumental in centralizing and strengthening all facets of our North American cold chain capabilities,鈥� said Petrillo. 鈥淭he seamless integration of best-in-class solutions across our services will continue to set 星空体育app下载 apart, reinforcing our leadership in both cold storage and other high-growth asset classes as we drive innovation and set new standards across the industry.鈥�
Based in New Jersey, Aschenbrand joins 星空体育app下载 with an extensive industrial background that encompasses material handling system integration, temperature-controlled public refrigerated warehousing, industrial cold storage real estate development and multimodal North American and port logistics transportation solutions. His hands-on experience and dedication to customer-focused solutions have made him a trusted figure among clients and partners, including industry leaders such as FreezPak Logistics and FlexCold.
“I鈥檓 thrilled to join 星空体育app下载 at such a pivotal time for cold storage,鈥� said Aschenbrand. 鈥淲ith demand reaching all-time highs, cold storage has become a cornerstone of the modern supply chain, requiring innovative and adaptable solutions. Our clients need forward-looking solutions that meet the complexities of today鈥檚 supply chain to optimize operations and ensure long-term success. I look forward to working with 星空体育app下载鈥檚 exceptional team to advance our offerings and deliver outstanding value.鈥�
According to 星空体育app下载 Research, cold storage development surged to record highs in recent years, fueled by rising demand from e-commerce grocery sales, industry consolidation and growing obsolescence in the existing inventory. While cold storage development is elevated, it represents less than 3.0% of the total industrial pipeline: despite high demand, speculative cold storage construction remains limited due to high costs and specific tenant needs, resulting in a predominance of build-to-suit developments particularly in growth-heavy Sunbelt regions and port-adjacent areas.
About 星空体育app下载
星空体育app下载 Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (鈥溞强仗逵齛pp下载鈥�), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. 星空体育app下载鈥檚 comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform鈥檚 global reach with market intelligence in both established and emerging property markets, 星空体育app下载 provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, 星空体育app下载 generated revenues of approximately $2.6 billion. As of that same date, 星空体育app下载鈥檚 company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow .
Discussion of Forward-Looking Statements about 星空体育app下载
Statements in this document regarding 星空体育app下载 that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, 星空体育app下载 undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see 星空体育app下载’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.