Industrial Watch: April 11, 2020

“Included in the Coronavirus Aid, Relief, and Economic Security Act (CARES) is the Paycheck Protection Program that many small businesses are taking advantage of during the pandemic. The program cites $350 billion in guaranteed or forgivable loans for businesses with less than 500 employees. The loans continue to pay employees and cover business expenses during the crisis, at a fixed rate of 1% with no collateral required and no prepayment penalties or fees. Loans will be forgiven if businesses submit a request and submit documentation that supports the requirements of the forgiven loan (no reduced staff count, no reduced salaries for certain employees, etc.). During this unprecedented freeze of operations on a number of levels, we are reminded that the CARES Act is not a stimulus package, but much needed emergency relief.”  -Adam Abushagur


I N D U S T R I A L   N E W S

With Stores Closed, Can E-Commerce Make Up For Lost Sales?

National Real Estate Investor- April 8, 2020

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The Coronavirus Will Accelerate The Shift To Smaller Warehouses

GlobeSt- April 9, 2020

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Loan Relief And Commercial Real Estate’s Response To The COVID-19 Pandemic

CCIM Institute- Winter 2020

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T E X A S   N E W S

Industrial Remains Houston’s Strongest Asset Class

Connect Texas- April 7, 2020

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Census Bureau: Texas Claims Six Of 10 Fastest-Growing Counties In Last Decade

ReBusiness Online- April 6, 2020

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How This Dallas Bank Is Dealing With A Massive Influx Of SBA Loan Applications

Dallas Business Journal- April 8, 2020

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Walgreens To Introduce Rapid COVID-19 Testing Services In Texas

ReBusiness Online- April 9, 2020

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M I D W E S T   N E W S

Agribusiness Company Moving Into City Center Lenexa

REJournals – April 8, 2020

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Fewer People Paid April Rent. Here’s How Missouri And Illinois Fared

St. Louis Business Journal- April 9, 2020

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