Industrial Watch: August 31, 2019

“There’s been much talk about the inverted yield curve and commercial real estate investing. A downturn is coming-it must eventually. Even experts don’t know when a recession might hit, but when it does, it will surely not be as severe as the last. The industrial sector has slowed slightly in 2019, however many in CRE know this is actually not an immense worry at all. The sector is simply leveling out after drastically high industrial activity in recent years. Naturally, the market cannot sustain those record-breaking vacancy and delivery numbers, but can maintain a consistently high new normal. Industrial will seemingly never ‘crash and burn.”

-Adam Abushagur

I N D U S T R I A L   N E W S

Industrial on Ice

Inman – August 26, 2019

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10 Easy Steps to Strengthen Your Real Estate Strategy

Globe St – August 29, 2019

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Amazon Backs Out of 4M SF Facility, Says it’s ‘No Longer Exploring’ Business in Prince George’s County

BISNOW- August 26, 2019

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T E X A S   N E W S

Texas ‘definitely the most aggressive’ in courting Bay Area startups

Dallas Business Journal – August 26, 2019

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Plains All American Launches $2M HQ Renovation

Connect Media – August 26, 2019

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Raytheon to Expand Campus in Fastest-Growing US Metropolitan Area

CoStar- August 26, 2019

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Continuing construction worker shortages could pose a threat to economic development in Texas

The Dallas Morning News – August 28, 2019

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M I D W E S T   N E W S

Vistra Energy to Close 4 Illinois Power Plants by Year-End

Commercial Property Executive – August 26, 2019

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Google affiliate’s latest move signals selection of KC for $600M data center

Kansas City Business Journal- August 28, 2019

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