Industrial Watch: March 7, 2020

“The Federal Reserve wasted no time in responding to the coronavirus panic with yet another interest rate cut on Tuesday, the first of 2020 but the fourth in a series of slashes beginning in 2019. The Feds made the cut of 50 basis points, the largest in over a decade. The emergency rate cut is meant to cushion the economy against the virus’s effects, but the actual impact is still unknown. Another quarter-point cut is expected at the next meeting on March 18, and possibly another in April. A rate cut in no way solves the viral issue, but it’s better than nothing. A small bright light is that experts say data centers and industrial are assets with the most upside, as public traffic issues hit them less.” -Adam Abushagur

I N D U S T R I A L   N E W S

Investors See U.S. Real Estate As Safe Haven During Coronavirus Scare

BISNOW – March 5, 2020

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Last-Mile Industrial Investment Opportunities Expanding to Smaller Markets

National Real Estate Investor- March 5, 2020

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Data Center Sale-Leasebacks All the Rage

SIOR- March 3, 2020

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T E X A S   N E W S

Investors Still Like Houston Industrial

GlobeSt – March 3, 2020

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DFW Industrial Sales Reach Nearly $844M in First 2 Months of 2020

BISNOW – March 3, 2020

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Development to bring millions of square feet of warehouse space to south Fort Worth

Dallas Business Journal – March 3, 2020

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Lone Star Bright: Texas Boasts A Saga Of Success

Business Facilities – March 4, 2020

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M I D W E S T   N E W S

KCI Quarterly Update: With foundation laid, vertical work starts in April

Kansas City Business Journal – March 5, 2020

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City Foundry gets $40M investment

St.Louis Business Journal – March 3, 2020

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