TAG Industrial Watch: June 20, 2020

“Buyers may be targeting distressed assets in the current economic climate, with investors comparing this recession to that of 2008. However, there are stark differences between the two downfalls that suggest buyers looking for a steal on property may be unrealistic. Fundamentals were strong before this unexpected recession, unlike those before the Great Financial Crisis, hence stabilized pricing and a lack of discounted opportunities this time around. At the end of the day, demand for industrial is still incredibly elevated with supply still falling short.”  -Adam Abushagur



I N D U S T R I A L   N E W S

Large Projects Drive Construction Starts, Overall Industry Still Down
GlobeSt – June 17, 2020
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Finance Experts Outline CRE Lending Opportunities Ahead Despite COVID-19
Connect California – June 16, 2020
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U.S. Economy Slowly Recovering From COVID-19 Impact, Says AEW Researcher
ReBusiness Online – June 17, 2020
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T E X A S   N E W S

Hines And 2ML Real Estate To Build 52-Acre Life Sciences
Development Near Texas Med Center

Bisnow – June 15, 2020
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Is The Flexibility Act Enough? Local Small Businesses, Leaders
Weigh In As Billions in PPP Money Remains Untapped

Dallas Business Journal – June 17, 2020
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Texas Economy Shows Positive Signs Following Double Whammy
Connect Texas – June 18, 2020
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Telge 290 Logistics Center To Capitalize On Big Shift To Online Shopping
GlobeSt – June 15, 2020
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M I D W E S T   N E W S

Massive Northland Data Center Complex Advances To City Council
Kansas City Business Journal – June 16, 2020
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Consumer Sentiment Gains, But Slow Recovery Seen
Connect – June 15, 2020
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