TAG Industrial Market Watch: November 17, 2018

“Logistics space- going, going, gone. Cross- border air cargo is at the top of air powerhouses Boeing and Airbus’s lists, each planning for roughly 65 percent in new aircraft and a combined 1,240,000 number of new pilots in the next 20 years. This means over a million square feet in new warehouse space will be needed. However, there is just no way this square footage can be added near existing airports.Additional air cargo hubs will need to be developed, providing more opportunities for industrial infrastructure once the wheels are down. Prime areas for these hubs will need runways, labor supply, freeway access, limited passenger volume, etc. Naturally, existing airports will feel the weight lifted in terms of congestion.

Industrial logistics space demand shows zero sign of deceleration. Just how much we’ll need is up in the air.“

Adam Abushagur

Vice President Investments

Managing Director – TAG Industrial

Industrial News

News Inner-City, Multi-Storey, Mixed-Use Smart Sheds Could Be A Thing

BisNow—November 14, 2018

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Majority of New York Investors Feel Commercial Real Estate is Overpriced

Business Wire—November 13, 2018

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As The Chicago Industrial Market Heats Up, Experts Encourage Due Diligence As A Pre-Leasing Strategy

BisNow—November 13, 2018

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Regional News

DFW swung and missed on Amazon’s HQ2, but here’s why we’ll be OK

Dallas Business Journal — November 13, 2018

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Arizona Tile to Open Texas Distribution Center

floordaily.net — November 09, 2018

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Annual funding for affordable housing in Texas doubles under home loan bank program

The Dallas Morning News – Top Stories — November 12, 2018

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National News

Big question for Amazon’s 2 chosen cities: Will it pay off?

The Las Vegas Sun — November 14, 2018

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As Macy’s shrinks its stores, CEO Jeff Gennette says this is what he will do with the extra space

CNBC – Real Estate — November 14, 2018

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Hasbro Licenses Brands For Immersive Family Entertainment Centers

Bisnow — November 13, 2018

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