TAG Industrial Watch: January 2, 2021

“Although industrial has been the big shot of commercial real estate during the economic downturn, it has nevertheless experienced significant impact as well. E-commerce during the health pandemic has produced deals with significantly low cap rates and a driving demand for industrial. It is important to note however, that other areas of industrial like the manufacturing sector have companies making strategic decisions to remain in the market, such as a sale leaseback. The market is changing, and while some may have to change operations, they are still very much operating.”  -Adam Abushagur


I N D U S T R I A L   N E W S

Marcus & Millichap Buys LMI Capital
GlobeSt – December 22, 2020
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Highlights of $2.3 Trillion Coronavirus Relief, Government Funding Law Taking Effect
USAToday – December 28, 2020
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CRE Waits to See if the Suburban Migration Trend Sticks
GlobeSt – December 29, 2020
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T E X A S   N E W S

Bridgeland Looks to Continue Positive Trend in Real Estate Space in 2021
Houston Chronicle – December 30, 2020
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DFW Spec Facility Kicks off as Cold Storage Takes Center Stage
GlobeSt – December 17, 2020
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Amazon to Expand by 2 MSF in San Antonio
Commercial Property Executive – December 23, 2020
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K A N S A S / M I S S O U R I   N E W S 

Companies Can Require Vaccination with Limits, Federal Commission Says
Fox4KC – December 29, 2020
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I L L I N O I S   N E W S

Element Bars Leases Manufacturing Space on Chicago’s West Side
REJournals – December 22, 2020
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C O L O R A D O   N E W S

US Industrial Rents Up Nearly 6% This Year
GlobeSt – December 23, 2020
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