TAG Industrial Market Watch: June 22, 2019
“The Federal Reserve met Wednesday and is keeping interest rates steady at 2.5 percent. While most industry leaders were not expecting a rate cut, pressure from President Trump on the central bank’s rate-setting committee did not go unnoticed. Economic growth has slowed just slightly, and the president associates that change with rising rates of 2018. The committee said they’d do best to wait and see before jumping the gun. Luckily, most are in agreement that this will likely be very soon.”
-Adam Abushagur
I N D U S T R I A L N E W S
Speed Bumps Ahead for Industrial Assets Don’t Diminish Investor Appetite
National Real Estate Investor – June 18, 2019
Blackstone Previously Owned Majority of Space in $18.7B GLP Industrial Asset Purchase
Globe St – June 18, 2019
Airports Shield Retailers From E-Commerce
ReBusiness Online – June 14, 2019
T E X A S N E W S
Northwest Tech Corridor a Magnet for Science, Tech Firms
Globe St – June 17, 2019
Downtown Dallas’ Landmark First National Bank Tower is Getting its Restored Marble Exterior Two Years after Removal
Dallas News – June 17, 2019
Texans Still Make Things
D Magazine – June 2019
M I D W E S T N E W S
USDA to Fill 120,000 Square Feet in Kansas City Region
ReJournals – June 14, 2019
Industrious Enters Kansas City Market with Deal at Country Club Plaza
Globe St – June 17, 2019