TAG Industrial Market Watch: August 10, 2019

“The Federal Reserve caved amidst fears of economic slowdown and tariffs with a quarter-point cut to interest rates-now 2.00-2.25%. This is the first cut since the 2008 crisis. However, analysts say this will have the most effect on refinancing or restructuring existing debts for CRE investors. President Trump is still putting pressure on the Reserve to cut rates even further, insisting relations with China are not the problem. While not committed to a rate cutting cycle yet, the Feds indicated they were prepared to respond appropriately should tensions escalate further.”

-Adam Abushagur

I N D U S T R I A L   N E W S

Why the Industrial Sector is Net Lease’s Darling

GlobeSt – August 5, 2019

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Fed Cuts Interest Rates For 1st Time Since 2008

National Public Radio – July 31, 2019

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Who In CRE Benefits From The Fed’s Benchmark Interest Rate Cut?

BISNOW – August 4, 2019

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T E X A S   N E W S

Houston Farmers Market Redevelopment Underway

Connect Media – August 8, 2019

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This Part of North Texas Has More Industrial Space Under Construction Than Philadelphia, L.A.

CoStar – August 5, 2019

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Callaway Golf to Open 783,465 SF Distribution Center at AllianceTexas in Fort Worth

ReBusiness – August 5, 2019

M I D W E S T   N E W S

Jones Development acquires 311,000-square-foot distribution facility in Kansas

ReJournals- August 1, 2019

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Commentary: St. Louis’ ‘techforce’ – The talent is here, you just have to look in new places

St. Louis Business Journal- August 9, 2019

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