“According to Moody’s Analytics, warehouse/distribution space absorbed 35.4 million square feet in Q4 of 2020, the highest since Q1 of 2019 when 70.7 million square feet were absorbed. In addition, rents for warehouse/distribution assets increased from 0.3% and 0.4% in Q3 of 2020 to 0.4% and 0.6% in Q4 of the same year. Jobs increasing at a rate of 6.5% since March 2020 also reflect the health of the sector (Moody’s). While many remain cautious with industrial, it can’t be denied that the pandemic has caused some retailers to go out of business or commit to less brick and mortar.”  -Adam Abushagur

 

I N D U S T R I A L   N E W S

Industrial Hits Highest Absorption In More Than A Year
GlobeSt – February 3, 2021
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Industrial Real Estate Clear Leader In Moody’s Report
Commercial Property Executive – February 1, 2021
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2021 Could Deliver Strongest Growth Since 1984 
GlobeSt – February 1, 2021
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How Biden’s Sweeping Climate Plan Impacts CRE
Commercial Property Executive – January 28, 2021
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R E G I O N A L   N E W S

Houston’s Industrial Market Isn’t Slowing Down
Connect Texas – February 2, 2021
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Why Amazon’s Building Binge Has Just Begun
Site Selection Magazine – January 2021
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Home Depot To Hire 1,500 People In 2021 For New D-FW Area Distribution Center
WFAA – February 2, 2021
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Financing Green Property Improvements In Chicago Is About To Get Easier
Bisnow – February 3, 2021
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Missouri Lawmakers Push Back Against Forcing Repayment
Of Extra Unemployment Benefits
St. Louis Post-Dispatch – February 3, 2021
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Anheuser-Busch To Invest $1 Billion In U.S. Production
Facilities In Hard Seltzer Push
St. Louis Post-Dispatch – February 3, 2021
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Kansas Governor Proposes Paying For Medicaid Expansion
Through Legalizing Medical Marijuana
The Kansas City Star – February 1, 2021
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