TAG Industrial Watch: May 8, 2021

“International trade has topped headlines recently as imports spike to record levels and ports experience back-ups as they struggle to manage the influx of foreign goods. While industrial real estate garners little attention when it comes to international trade, it is a growing key player in shipping. Just as “last mile” distribution facilities have become essential to getting products delivered quickly to the consumer, warehouses in proximity to ports are becoming just as important in the effort to quickly distribute goods from container ships. Developers are responding by building warehouses in proximity to ports and rail lines. For example, cold storage developer, Blackline, is building a 300,000 square foot facility at the Cedar Port Industrial Park near the Port of Houston. If imports remain at historic high levels, facilities such as this could become another great opportunity for industrial real estate investors.” -Adam Abushagur

Port Volumes Help Fuel Industrial Real Estate’s Fire
Commercial Property Executive – April 29, 2021
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How Credit Unions Are Boosting CRE’s Capital Supply: Q&A
Commercial Property Executive – May 5, 2021
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NAHB Presses White House For Lumber Price Solutions
Globe St. – April 30, 2021
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Amazon Plans Further Logistics Expansion After More Than Tripling Profit
Bisnow – April 30, 2021
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R E G I O N A L   N E W S

Cold Storage Continues Its Run At Cedar Point Industrial Park
Connect Texas – May 4, 2021
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Corinth Land, Prattco Creekway Buy Two Industrial Buildings
Totaling 121,600 SF In Oklahoma City
ReBuinsess Online – April 28, 2021
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Tenants in Healthcare, Retail, E-Commerce Drive Chicago Industrial Demand
Connect Chicago & Midwest – May 3, 2021
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South Side Activism Has Brought Change To Industrial Site Selection
Bisnow – April 28, 2021
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Duke Realty To Exit St. Louis Industrial Market
News Break – April 30, 2021
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