TAG Industrial Watch: August 15, 2020

“While turbulent, the “stop-start-stop” of the economy during coronavirus’ second wave has not prevented industrial deals from materializing. And although industrial seems to be the breadwinner of this downturn, industrial investors are still flocking to safety in core markets, i.e. Chicago, New York, the Inland Empire, and Dallas. However, wherever there is space, industrial development continues to ramp up to meet demand for e-commerce distribution facilities, with companies like Amazon mining the market and thinking ahead. The sense of urgency could stem from the unforeseen coronavirus effect on increased e-commerce and a lack of stock.” -Adam Abushagur


I N D U S T R I A L   N E W S

Online Retail Demand Helped Prop Up Q2 Industrial Real Estate Sales
GlobeSt – August 11, 2020
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Simon, Amazon Discuss Turning Vacant Anchor Stores Into Fulfillment Centers
Connect – August 10, 2020
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NAIOP Survey Shows Deal Improvement Despite Rising Pessimism
GlobeSt – August 7, 2020
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T E X A S   N E W S

Bay Area Biotech Firm Looking To Build New Home In Lewisville
Dallas Business Journal – August 13, 2020
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Texas Homeownership Hits Record High
Connect Texas – August 13, 2020
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Robinhood – The Growing Investing App Geared Towards
Millenials – Plans To Add 100 Employees In Southlake This Year

Dallas Business Journal – August 11, 2020
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Package, Shipping Materials Provider Uline Signs 1.1 MSF Industrial Lease In Irving
ReBusiness Online – August 11, 2020
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M I D W E S T   N E W S

Amazon Keeps Up Leasing Spree, Sustaining Chicago’s Industrial Market
Bisnow – August 12, 2020
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Urban Outfitters Picks Kansas City Region For 880,000-Square-Foot Distribution Center
ReJournal – August 7, 2020
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