In this episode of The Cool Times podcast, hosts Vince and Jenna Free are joined by a special guest, Cory Singer, the Vice President of Business Development and Pre-Construction at FCL Builders. Cory shares his insights into the cold storage and industrial construction industry, discussing challenges, market trends, and strategies for managing growth.
Corey discusses the booming demand in the warehousing and e-commerce sectors, emphasizing the lack of overbuilding and sustained demand in the market.Challenges in obtaining capital due to fluctuating interest rates and lending restrictions are discussed, posing potential difficulties in closing deals.Vince and Corey also explore the complexities of managing budgets amidst price fluctuations in materials like insulated metal panels. Strategies like open communication, transparency, and leveraging strong relationships with suppliers and subcontractors are vital in overcoming challenges.
Corey explains his involvement in creating the Icon Cold Storage conference, highlighting the necessity for the cold storage industry to have its own platform for discussion and collaboration. Icon Cold Storage serves as a hub for industry professionals to exchange ideas, addressing the unique needs of the cold storage sector within industrial real estate.
Watch Full Interview:
- Cory Singer’s Background and Journey
- Challenges in the Market
- NAIOP and Icon Cold Storage Conference
- Challenges in Securing Capital
- The Birth of Icon Cold Storage
Sponsored by Rytec High-Performance Doors & Jamison Doors