As observed in our Industrial Watch magazine published in January, the economy is once again showing signs of stagflation. This week, the financial community was surprised by news of a 1.4% drop in Gross Domestic Product during the first quarter (CNBC). While most experts are busy dismissing the bad news, the second quarter is already setting up to be much weaker as higher interest rates begin to weigh on America’s easy money-dependent economy. Although we are likely in the midst of the next recession, there is a silver lining, albeit unsustainable, for the industrial real estate market. Despite dragging down GDP, the 20.5 percent growth rate in imported goods is great news for the industrial market that relies heavily on the storage and distribution of foreign-made products.

I N D U S T R I A L   N E W S

U.S. GDP Fell At A 1.4% Pace To Start The Year As Pandemic Recovery Takes A Hit
CNBC – April 28, 2022
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Industrial, Apartment, SFR Developers Fuel Hot Land Sales Market
WealthManagement.com – April 25, 2022
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Amazon Crushes Building Materials Supply Chain, Sends Shockwaves Through Construction Industry
Bisnow – April 24, 2022
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Outlook for Big Box Remains Strong Despite Headwinds
Globe St. – April 19, 2022
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US Commercial Property Price Growth Eases From Record High
Real Capital Analytics – April 21st, 2022
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R E G I O N A L   N E W S

USAA Real Estate Builds One of the First Industrial Warehouses Constructed with Sustainable Materials Designed to Reduce Carbon Impact
PR Newswire – April 26, 2022
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Cold Storage Industry Leader Eyes South Ft. Worth
Connect CRE – April 26, 2022
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Packaging Company Leases Warehouse in Itasca Industrial Park
CoStar – April 21, 2022
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Tax Break That Lured Tesla and Samsung to Texas Is Set to Expire
WealthManagement.com – April 27, 2022
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Denver’s Industrial Market Begins the Year on a High Note
Mile High CRE – April 14, 2022
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