TAG Industrial Watch: August 22, 2020

“With enhanced e-commerce since the start of the COVID-19 pandemic, demand for newer industrial square footage boomed. However, this effect trickles down to other industrial classes—a win-win for the sector. With e-commerce comes a significant increase in online returns. The facilities handling these returns could see up to an additional 20 percent of distribution space needed. These reverse logistics spaces don’t necessarily need the bells and whistles of Class A buildings and prefer a less expensive Class B solution. Still fully functional, Class B space may prove an attractive yield for investors vs. the lower yield of Class A. Either or, the demand for industrial as a whole provides confidence in the stability of the sector.” -Adam Abushagur

 

I N D U S T R I A L   N E W S

Marcus & Millichap Debuts Redesigned Company Website
Connect – August 17, 2020
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$2T In Goods Flow Through Prologis Warehouse Facilities
GlobeSt – August 17, 2020
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Industrial Investors Turn Attention To Core Markets
GlobeSt – August 13, 2020
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Infill Logistics Demand To Last: Report
Commercial Property Executive – August 18, 2020
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T E X A S   N E W S

Here Are The Opportunities And Changes Billingsley Co. Is Anticipating
Dallas Business Journal – August 18, 2020
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New Unemployment Claims Continue Dropping Across TX
Connect Texas – August 17, 2020
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Amazon Tech Hub In Dallas Adding More Than 600 Workers, Over 100,000 Square Feet
Dallas Business Journal – August 18, 2020
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M I D W E S T   N E W S

Limited Supply, High Build Costs Ratchet Demand For Infill Cold Storage
GlobeSt – August 17, 2020
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Amazon Keeps Up Leasing Spree, Sustaining Chicago’s Industrial Market
Bisnow – August 12, 2020
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