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

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The economy may be starting to slow. Real estate is taking notice

The Real Deal – August 19, 2019

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Are Family Offices Leaving Money on the Table by Neglecting CRE Tax Benefits?

National Real Estate Investor – August 16, 2019

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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

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Connect Media presents the winners of our third annual Next Generation Awards

Connect Media – August 15, 2019

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Port Aransas Soon to Roll Out First Conference Center

GlobeSt – August 19, 2019

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Another Day, Another Logistics Center at DFW Airport

GlobeSt – August 18, 2019

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M I D W E S T   N E W S

Opportunity Zone Investment Activity Mixed in Midwest Cities

GlobeSt- August 20, 2019

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WeWork to open first location in St. Louis

St. Louis Business Journal- August 21, 2019

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