TAG Industrial Watch: November 27, 2021

“Global supply chain disruptions have exposed the nation’s reliance upon foreign goods and resulted in renewed calls for more goods made in America. When it comes to this year’s infamous computer chip shortage, those calls are already being answered. Texas Instruments and Samsung have both announced plans to develop chip-making plants in Texas, with Intel planning a new chip factory in Arizona. While this is positive news for America’s manufacturing industry, a new industrial revolution is still highly unlikely. Unfortunately, production costs are significantly higher in the U.S. compared to its trading partners, primarily in Asia. For example, in October, export prices (representing domestically made goods) were up 18% annually, compared to a 10.7% increase in import prices (St. Louis Federal Reserve). Nonetheless, the development of new factories will have a positive impact on local industrial real estate markets.” -Adam Abushagur

I N D U S T R I A L   N E W S

Intel’s Chip Recovery Plan Could Restore US Manufacturing Prowess
C|Net – November 18, 2021
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How To Fix Global Supply Chains For Good
CFR – November 23, 2021
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Interest Rates Are Heading Up. Here’s What To Watch
Commercial Property Executive – November 17, 2021
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Steel Prices May Be Heading Higher In The Near Future
GlobeSt.- November 23, 2021
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CRE Prices Spike, Led By Nearly 19% Industrial Jump
Bisnow – November 19, 2021
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R E G I O N A L   N E W S

Samsung Plans To Build A $17 Billion Chip Plant In Texas
CNBC – November 24, 2021
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Texas Instruments Plans $30B Wafer Plant
Commercial Property Executive – November 18, 2021
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MDH Partners Acquires Everman Crossroads Industrial Portfolio
Connect Texas- November 23, 2021
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CommercialEdge: Industrial’s Boom Year Continues
ReJournals – November 24, 2021
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Rents Rise, Vacancies Fall In Sizzling Warehouse Market
Crain’s Chicago Business – November 23, 2021
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