First, Amazon admits that it has a glut of warehouse space, and now Target announces it has excess inventory. While the industrial market remains at peak performance, the nation’s largest retailers are showing that tides are turning. Business Inventories helped boost Gross Domestic Product (GDP) last year as companies recovering from COVID-19 lockdowns raced to restock their warehouses and shelves. While business inventories (adjusted for prices) have yet to return to their pre-pandemic highs, the effects of inflation threaten to slow inventory growth. Faced with soaring prices on food, energy, and housing, consumers’ budgets are simply running out of room for nonessentials. Overall industrial demand will likely start to wane, but new industrial opportunities in commodity-related assets are emerging.

I N D U S T R I A L   N E W S

Target Expects Squeezed Profits From Aggressive Plan
To Get Rid Of Unwanted Inventory
CNBC – June 7, 2022
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CRE Sales Decline For The First Time In More Than A Year
Bisnow – June 7, 2022
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Return To The 70s: World Bank Warns Of Weak Growth And High Inflation
The Guardian – June 7, 2022
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Workers Want Raises. Shippers Want Robots. The Supply
Chain Hinges On Reaching A Deal
Yahoo! Finance – June 5, 2022
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Third Party Logistics To Take Center Stage As Amazon
Pulls Back Industrial Footprint
Globe St. – June 3, 2022
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R E G I O N A L   N E W S

In Any Market? Industrial Is King
REJournals – June 8, 2022
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Tri-County Real Estate Acquisitions Sells 22-Acre Industrial
Portfolio In Brighton, Colorado For $9.2M
REBusiness Online – June 9, 2022
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Bridge Industrial Plans To Build In Low-Vacancy I-55 Corridor
Connect CRE – June 8, 2022
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Industrial Investor Faropoint Buys Six Texas Warehouses In Dallas-Fort Worth
The Real Deal – June 1, 2022
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Spec Building Construction Begins At Sam Houston Industrial Park
WDHN ABC – June 7, 2022
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