TAG Industrial Watch: October 31, 2020
“According to the most recent RCA Capital Trends report, industrial (along with multifamily) was a major contributor to the 1.4 percent U.S. CRE price growth in September. In fact, the stable industrial sector showed pricing gains of approximately 7.4 percent year-over-year last month, the largest increase of any asset class. And while overall volume for commercial property transactions dropped in Q3, there was still an over 35 percent quarterly increase. And with price per square foot increasing 17.9 percent month-over-month in September (CreXi), industrial is leading the pack.” -Adam Abushagur
I N D U S T R I A L N E W S
The Coming Evolution In Warehouse Development
GlobeSt. – October 22, 2020
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CRE Prices Are Rising Even As Transactions Continue To Tumble
GlobeSt. – October 26, 2020
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The Economic Rebound Is Coming In 2021
GlobeSt. – October 29, 2020
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T E X A S N E W S
Great Lakes Dredge & Dock To Move Headquarters From Chicago To Houston
Houston Business Journal – October 22, 2020
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Amazon Unveils Plans For 1st Waco Fulfillment Center
Commercial Property Executive – October 26, 2020
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NYC Real Estate Firm Buys 47-Acre Industrial Park In Garland
Dallas Business Journal – October 27, 2020
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VanTrust Files Plans For Another DFW Spec Build
Connect Texas – October 28, 2020
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Amazon Aims To Hire More Than 4,900 In DFW For Seasonal Positions
Dallas Business Journal – October 27, 2020
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Sunrider International To Open 71 – Acre Manufacturing Plant In Midlothian, Texas
ReBusiness Online – October 26, 2020
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M I D W E S T N E W S
Opus Breaks Ground On 182,000 SF Spec Industrial Development In Liberty, Missouri
ReBusiness Online – October 28, 2020
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St. Louis-Based Nestle Purina PetCare To Expand With $550M
New Factory In Cincinnati Area
St. Louis Business Journal – October 26, 2020
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