TAG Industrial Watch: July 18, 2020

“With some slippage in CRE pricing during the pandemic, it appears at least industrial is faring well. With continued demand for the property type, pricing adjustments remain linked to existing real estate fundamentals (quality tenants, quality of asset, etc.). Small box properties are subject to more volatility of these fundamentals and are seeing the most price adjustments, with e-commerce related facilities and big box locations seeing nominal change in pricing, if any. All in all, industrial pricing since the beginning of the pandemic is representative of normal investment considerations, only heightened.”  -Adam Abushagur



I N D U S T R I A L   N E W S

As Coronavirus Infects Most Real Estate, Industrial Emerges Stronger Than Before
Bisnow – July 15, 2020
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Construction Costs Decline In Q2 As Competition Among Contractors Ramps Up
GlobeSt – July 15, 2020
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Market Confidence Grows For End-Of-Year Recovery
GlobeSt – July 16, 2020
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T E X A S   N E W S

Dallas Gains Another HQ Relocation, New Manufacturing Plant That Will Employ 150
Dallas Business Journal – July 15, 2020
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556-Acre Industrial Park Planned For South Fort Worth
Bisnow – July 9, 2020
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Amazon Plans $250M Austin-Area Fulfillment Center
Commercial Property Executive – July 16, 2020
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Travis County Okays Tax Breaks For Tesla Factory
Connect Texas – July 15, 2020
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M I D W E S T   N E W S

More than 11,000 Colorado Construction Companies Were Approved For PPP Loans.
Will The Money Be Enough?

Denver Business Journal – July 13, 2020
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St. Louis Contracting Company Plans To Quadruple KC-Area Workforce
Kansas City Business Journal – July 14, 2020
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