Industrial Watch: August 24, 2019
“Amidst mid-year evaluation for the industrial sector, developers predict a total of at least 210 million square feet of fulfillment and logistics construction in 2019. The majority of the square footage is concentrated in DFW as a logistics hub-to the tune of 33 million square feet-with midwestern markets close behind in the Top 10. Houston is still a top harbor in terms of foreign waterborne freight. Despite this continuous supply, rents will remain high and increase to an average of $7.43 per square foot. With the Fed’s 25-basis point reduction of interest rates and eager lenders, industrial outlook for the remainder of 2019 remains confident.”
-Adam Abushagur
I N D U S T R I A L N E W S
Yield Curve Inversion Might Be a Good Thing for CRE Investors
National Real Estate Investor – August 22, 2019
The economy may be starting to slow. Real estate is taking notice
The Real Deal – August 19, 2019
Are Family Offices Leaving Money on the Table by Neglecting CRE Tax Benefits?
National Real Estate Investor – August 16, 2019
T E X A S N E W S
Uber Signs 463,000 SF Office Lease at Chicago’s Old Post Office
ReBusiness – August 20, 2019
Connect Media presents the winners of our third annual Next Generation Awards
Connect Media – August 15, 2019
Port Aransas Soon to Roll Out First Conference Center
GlobeSt – August 19, 2019
Another Day, Another Logistics Center at DFW Airport
GlobeSt – August 18, 2019
M I D W E S T N E W S
Opportunity Zone Investment Activity Mixed in Midwest Cities
GlobeSt- August 20, 2019
WeWork to open first location in St. Louis
St. Louis Business Journal- August 21, 2019