TAG Industrial Watch: August 8, 2020

“The COVID-19 effect, while only increasing demand for industrial, has crept into the development side. Developers are building for the mass market of tenants with exit strategies in mind. While demand is present and with new development amenities and design features, leasing these developed sites becomes much easier. However, it is important to remember that even with newer, evolutionary industrial parks, an eye must be kept on vacancy. It is impractical to try to meet every changing tenant requirement and keep costs from skyrocketing. What remains clear is that industrial is the consistent asset class across all demographics and the changing market.” -Adam Abushagur


I N D U S T R I A L   N E W S

Biden’s Latest Proposal Puts CRE Tax Break In Political Crosshairs Once More
Bisnow – August 2, 2020
Read More

NAIOP: Deal Flow Improves But Long-Term Pandemic Effects Seen
Connect – August 5, 2020
Read More

The Top 10 CRE Buyers and Sellers In The First Half Of 2020
National Real Estate Investor – August 3, 2020
Read More

T E X A S   N E W S

BP To Cut Oil And Gas Production By 40% Over 10 Years
Houston Chronicle – August 4, 2020
Read more

What Amazon’s Growing Distribution Footprint Means For North Texas
Dallas Business Journal – August 6, 2020
Read more

More Than 2.5M-SF Of New Industrial Space Planned Near DFW Airport
Dallas Business Journal – August 5, 2020
Read more

M I D W E S T   N E W S

Chicago’s Industrial Market Holds Steady Despite Pandemic
GlobeSt – August 5, 2020
Read more

Hazelwood Industrial Development By Green Street Seeks Incentives
St. Louis Business Journal – August 4, 2020
Read more