Industrial Watch: August 31, 2019
“There’s been much talk about the inverted yield curve and commercial real estate investing. A downturn is coming-it must eventually. Even experts don’t know when a recession might hit, but when it does, it will surely not be as severe as the last. The industrial sector has slowed slightly in 2019, however many in CRE know this is actually not an immense worry at all. The sector is simply leveling out after drastically high industrial activity in recent years. Naturally, the market cannot sustain those record-breaking vacancy and delivery numbers, but can maintain a consistently high new normal. Industrial will seemingly never ‘crash and burn.”
-Adam Abushagur
I N D U S T R I A L N E W S
Industrial on Ice
Inman – August 26, 2019
10 Easy Steps to Strengthen Your Real Estate Strategy
Globe St – August 29, 2019
Amazon Backs Out of 4M SF Facility, Says it’s ‘No Longer Exploring’ Business in Prince George’s County
BISNOW- August 26, 2019
T E X A S N E W S
Texas ‘definitely the most aggressive’ in courting Bay Area startups
Dallas Business Journal – August 26, 2019
Plains All American Launches $2M HQ Renovation
Connect Media – August 26, 2019
Raytheon to Expand Campus in Fastest-Growing US Metropolitan Area
CoStar- August 26, 2019
Continuing construction worker shortages could pose a threat to economic development in Texas
The Dallas Morning News – August 28, 2019
M I D W E S T N E W S
Vistra Energy to Close 4 Illinois Power Plants by Year-End
Commercial Property Executive – August 26, 2019
Google affiliate’s latest move signals selection of KC for $600M data center
Kansas City Business Journal- August 28, 2019