TAG Industrial Watch: July 11, 2020

“Christmas in July? Logistics specialists report holiday levels of activity after the surge in e-commerce added 99,000 workers in June (Bureau of Labor Statistics). Uptick in manufacturing, partial reopening for businesses, and the need for restocking has helped industrial begin to resurge since the start of the pandemic. Also supporting industrial revival is SIOR’s June 2020 Sentiment Survey, in which industrial real estate brokers reported that from May to June, transactions still on schedule rose about 10%. Over the same time period, data reported the number of deals on hold and canceled deals dropped.”  -Adam Abushagur



I N D U S T R I A L   N E W S

SIOR Sentiment Survey Shows Growing Gap Between Industrial, Office Outlooks
Connect – July 8, 2020
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Cold Storage Comes To The Forefront With COVID Shifts
GlobeSt – July 2, 2020
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Construction Labor Pool Increases During Pandemic
GlobeSt – July 8, 2020
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Survey: Industrial Real Estate Leading Way Out Of COVID Crisis
Connect Washington, D.C. – July 2, 2020
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T E X A S   N E W S

This Defense Giant Has Hired 1,750 People In DFW Since Pandemic Started
Dallas Business Journal – July 8, 2020
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Stonemont Financial Breaks Ground On 231,000 SF Industrial Complex In McKinney, Texas
ReBusiness Online – July 9, 2020
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The Little Texas Town Giving SpaceX A Big Lift
Bisnow – July 2, 2020
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M I D W E S T   N E W S

Facebook To Build $800M Data Center In Metro Chicago
Commercial Property Executive – July 1, 2020
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A Rebound On The Way? St. Louis Sees Uptick In Construction
St. Louis Business Journal – July 8, 2020
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