TAG Industrial Watch: March 25, 2023

Since inflation continues to defy expectations, commercial real estate buyers are looking for alternative investments to keep pace with the cost of living. With food rising faster than any other major category in the consumer price index (Bureau of Labor Statistics), real estate investors are finding a solution in farmland that had a return of nearly 10% last year (Commercial Property Executive). Given that the U.S. is the leading exporter of agricultural products, American farmland is well-positioned to benefit from a future in which foreign currencies significantly gain in value against the U.S. dollar. As long-term inflation expectations go from a non-concern to a rude awakening, new opportunities will emerge in the industrial real estate market. Agricultural processing facilities may be rarely thought of today but could become the industrial market’s next hot commodity tomorrow.

I N D U S T R I A L   N E W S

Why 2023 Might Be An Ideal Time To Consider
This Untapped CRE Opportunity: Farmland

Commercial Property Executive – March 13, 2023
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In A Turbulent Market, Could Farmland Be The
Answer CRE Investors Are Searching For?

Bisnow – March 15, 2023
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Job Cuts Hit 77,770 In February 2023;
Highest YTD Since 2009

Challenger – March 9, 2023
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Supply Chains Have Healed Yet Their
Mark On Inflation To Endure

WealthManagement.com – February 27, 2023
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Moody’s, Others Say Industrial
Sector Starting To Soften

Globe St. – March 13, 2023
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R E G I O N A L   N E W S

186K SF El Paso Wiring Plant Closing,
Means 110 Jobs

Connect CRE – March 20, 2023
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Consumer Packaging Company Invests
$1 Billion Into New Factory In Waco, Texas

CoStar – February 22, 2023
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Creation Completes 234,478 SF Industrial
Project In Haltom City, Texas

REBusiness – March 10, 2023
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ExxonMobil Announces ‘Successful’ Startup Of
$2B Beaumont Refinery Expansion Project

12 News – March 16, 2023
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Jeep Plant Idling Tuesday Will Cost 1,200 Jobs. Some Residents
Fear It May Turn Belvidere From An Auto Town Into A Ghost Town

Chicago Tribune – February 24, 2023
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