TAG Industrial Market Watch: February 16, 2019

“A big thanks to Stanley Black & Decker as the company committed to a significant lease with developer Hillwood. The tool company made a deal for 1.2 million square feet within developer’s AllianceTexas, the 26,000-acre industrial community in Fort Worth. In response, mammoth developer Hillwood seeks to launch Alliance Westport 11, a one million-square-foot industrial facility that could double in square footage, with potential to be one of the largest distribution hubs in the United States.

This is not the only spec distribution project of Hillwood’s in Fort Worth. AllianceTexas alone has generated near $76 billion in economic impact for the region.

All of these plans add to the prediction that DFW will pass Los Angeles and take the top spot for industrial in the U.S.”

Adam Abushagur

First Vice President Investments

Managing Director- TAG Industrial

I N D U S T R I A L N E W S

Industrial Continues as Healthiest Real Estate Market

Globe St – February 14, 2019

U.S. industrial output tumbled 0.6 per cent in January

CTV News- February 15, 2019

Southpark Commerce Center Serves Pent-Up Industrial Demand

Globe St – February 14, 2019

R E G I O N A L N E W S

New Irving industrial park planned at DFW Airport

Dallas News – December 03, 2018

Flower Mound council approves rezoning for largest Class A office project

McKinney Courier-Gazette – February 04, 2019

Hillwood adding 1.5M square feet of speculative industrial space to Alliance Texas

Dallas Business Journal – February 12, 2019

N A T I O N A L N E W S

Google will spend $13 billion on U.S. real estate in 2019, expanding into Nevada, Ohio and Texas

CNBC – Real Estate – February 13, 2019

US job openings jump to record high of 7.3 million

Danville Register & Bee News – February 12, 2019

Red flag for U.S. economy: A record-high 7 million Americans are 3 months behind on car payments

Chicago Tribune – February 13, 2019