Industrial Watch: October 19, 2019
“Smaller warehouses (120,000 SF or less) are in demand for the industrial real estate sector. Construction for smaller industrial assets is down, reflecting low supply. This is good news for rental rates, which have increased twice as much as rents for larger warehouse spaces. Those targeting the smaller assets are the e-commerce and logistics golden children looking for last mile properties that are close to consumers. This trend is popular in urban and suburban areas. Rents are only expected to increase, as e-commerce itself will increase. Light industrial facilities are posing the question, ‘Is bigger really better?’”
-Adam Abushagur
I N D U S T R I A L N E W S
Retailers Launch Holiday Pop-Ups to Test the Market
GlobeSt – October 14, 2019
U.S. Construction Sector Heads for Slowdown
Connect Media – October 14, 2019
How Today’s Digital Revolution Is Reshaping CRE
GlobeSt – October 15, 2019
Industrial Investment Outlook for 2020: Steady, with Potential Headwinds
Connect Media – October 17, 2019
T E X A S N E W S
400K SF of Cold Storage Arriving in Johnson County
Connect Media – October 16, 2019
Hunt Southwest to Develop 509,600 SF Spec Industrial Facility in Metro Houston
ReBusiness Online – October 15, 2019
Six Flags eyes headquarters move to Texas Rangers’ centerfield office space
The Dallas Morning News – October 15, 2019
M I D W E S T N E W S
Monmouth REIT Picks Up Indy-Area Amazon Warehouse
Connect Media – October 14, 2019
St. Louis contractor swoops in to hire ‘fantastic’ workers after demise of KC firm
St. Louis Business Journal- October 10, 2019