TAG Industrial Market Watch: June 1, 2019
“Demand is still high for the industrial market, though increased construction costs, unpredictable delays, etc. are on the radar for lenders. For this reason, supply may dip ever so slightly. Generally, these lenders view construction development loans as a high-yield opportunity. However, skilled labor is still very tight and the trade war is directly affecting material costs, which ultimately will be passed on to consumers. Contractors are still optimistic but keeping a close eye on evaluation and progress or “construction risk management” is top of mind for lenders.”
I N D U S T R I A L N E W S
Is the Industrial Sector Heading for Slower Growth?
RE Journals – May 31, 2019
On-Demand Warehousing: Coming Soon to an Industrial Property Near You?
Bisnow – May 6, 2019
Industrial Real Estate Demand Growth is Decelerating
CP Executive – May 30, 2019
T E X A S N E W S
Quick Absorption of DFW’s Data Center Supply Keeps the Market in Balance
Bisnow – May 21, 2019
Bridge Parks, Gateways and Demolition. How would the I-10 Expansion Affect Downtown El Paso?
El Paso Times – May 30, 2019
Industrial Tax Incentive Renewal Dies in Texas Committee
Houston Business Journal – May 30, 2019
M I D W E S T N E W S
Extreme Weather is Pummeling the Midwest, and Farmers are in Deep Trouble
The Washington Post – May 30, 2019
Pfizer Opens $236M Facility as Region Makes Gains in Biotech Industry
St. Louis Business Journal – May 30, 2019