TAG Industrial Watch: October 23, 2021

“Last week’s Presidential announcement that the Port of Los Angeles will operate 24-hours a day to relieve backups, shows just how dire the global supply-chain issues have become. However, the chaos at America’s shipping ports is good news for the industrial real estate market. Wholesalers and retailers are responding to soaring costs and delays in shipping by increasing the size of their shipments. The days of implementing a “just-in-time” inventory strategy are being replaced with a “just-in-case” supply chain strategy. Instead of carrying 14 days of inventory, companies are upping the ante to 30 to 45 days (Commercial Property Executive). At the end of the day, this equates to higher demand for warehouse space near ports of entry and highly populated areas.” -Adam Abushagur


I N D U S T R I A L   N E W S

How The Supply Chain Crisis Impacts Industrial Real Estate
Commercial Property Executive – October 20, 2021
Read More

Panic Ordering By Retailers Is Making The Supply Chain Crisis ‘Even Worse’
CNBC – October 20, 2021
Read More

‘There’s Not A Miracle Cure’: Port Experts Start Detailing Plans
To Ease Supply Chain Disruptions

Bisnow – October 14, 2021
Read More

Where Do You Go In A Low Cap Rate Environment
Globe St. – October 13, 2021
Read More

SIOR: Industrial Sales to Surpass 2019 Record
Commercial Property Executive – October 14, 2021
Read More

R E G I O N A L   N E W S

Marcus & Millichap Team Arranges Back Of The Yards Land Sale
Connect Chicago & Midwest – October 18, 2021
Read More

St. Louis County Manufacturing Facility To Be Demolished,
Warehouse Built In Its Place

KSDK – October 6, 2021
Read More

Mesquite Approves New $60 Million Industrial Campus Called Mesquite 635
City of Mesquite – October 19, 2021
Read More

Top 5 Industrial Properties Under Construction In Dallas-Fort Worth
Commercial Property Executive – October 18, 2021
Read More

Home Depot-Occupied Industrial Building Sells In Aurora
Mile High CRE – October 14, 2021
Read More