Online grocery shopping is growing at such a rapid pace that demand for cold storage is growing faster than fully fertilized row of corn. The digital demand for delivery has nearly every major player in the space looking for locations across the country.

In response to a booming online grocery market, Walmart (with 11 locations in Montgomery County) plans to expand its grocery delivery service to more than 100 major metros by the end of 2018, writes Laura O’Keefe for biznow.com.

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As the grocery delivery market continues to expand, that boom could drive up demand for cold-storage spaces by 35M SF over the next seven years, CBRE reports.

Online grocery sales are expected to increase from 3% to 13% of all grocery sales by 2024. States with large populations and agricultural production are anticipated to witness the most demand for cold-storage space.

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