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Why This New Venture Is Betting $500 Million on Cold Storage Even as Industry Faces Headwinds

Bain Capital, Barber Partners To Develop Next-Generation Warehouses in High-Growth US Logistics Markets
An aerial view of trucks backed up to load cargo at an industrial warehouse. (Getty Images)
An aerial view of trucks backed up to load cargo at an industrial warehouse. (Getty Images)

Private equity firm Bain Capital is teaming up with Texas real estate developer Barber Partners to invest $500 million to build cold storage in high-growth logistics markets in the U.S. as demand for refrigerated warehouses soars but development and profits are hampered by global supply chain disruptions and economic challenges.

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