Industrial Watch: March 21, 2020
“Amidst COVID-19 uncertainty and fear, real estate professionals know the long game should drive strategic investment decisions. It is no secret that short-term volatility will affect employment, consumption, and small business. However, we must not forget that before the pandemic, the U.S. economy was best positioned since the 1940s, with commercial real estate fundamentals unwavering in one of the longest cycles in recent history. The effects we are currently seeing could have been earth-shattering if not for our economic strength prior. More so, our accommodative Federal Reserve has softened the blow even more with an eye-opening 100-basis point emergency rate cut (now 0%-0.25%). There’s an end to all cycles, we simply need to hang on for the ride.” -Adam Abushagur
I N D U S T R I A L N E W S
Connect Q&A: Marcus & Millichap’s John Chang On Investor Priorities
Connect California- March 19, 2020
Coronavirus’ Effects On Local And National Real Estate Markets
D Magazine- March 16, 2020
Coronavirus Pandemic Will Be Uncomfortable, Not Catastrophic
Globe St- March 19, 2020
Coronavirus Strikes Global Real Estate Market
Commercial Property Executive- March 19, 2020
T E X A S N E W S
The Urban Revival of Houston’s East End Is Building On Its Historic Bones
BISNOW – March 17, 2020
North Texas Construction Moving Forward – For Now
Connect Texas – March 18, 2020
Newly Formed Group Plans $300M Mixed-Use Project In Carrollton
Dallas Business Journal – March 12, 2020
M I D W E S T N E W S
St. Louis Developers, Cautious Over Coronavirus, Pushing On With Projects
St. Louis Business Journal – March 19, 2020
CapStone Holdings Takes $40M Stake In City Foundry STL
Connect – March 5, 2020