Industrial Watch: April 11, 2020
“Included in the Coronavirus Aid, Relief, and Economic Security Act (CARES) is the Paycheck Protection Program that many small businesses are taking advantage of during the pandemic. The program cites $350 billion in guaranteed or forgivable loans for businesses with less than 500 employees. The loans continue to pay employees and cover business expenses during the crisis, at a fixed rate of 1% with no collateral required and no prepayment penalties or fees. Loans will be forgiven if businesses submit a request and submit documentation that supports the requirements of the forgiven loan (no reduced staff count, no reduced salaries for certain employees, etc.). During this unprecedented freeze of operations on a number of levels, we are reminded that the CARES Act is not a stimulus package, but much needed emergency relief.” -Adam Abushagur
I N D U S T R I A L N E W S
With Stores Closed, Can E-Commerce Make Up For Lost Sales?
National Real Estate Investor- April 8, 2020
The Coronavirus Will Accelerate The Shift To Smaller Warehouses
GlobeSt- April 9, 2020
Loan Relief And Commercial Real Estate’s Response To The COVID-19 Pandemic
CCIM Institute- Winter 2020
T E X A S N E W S
Industrial Remains Houston’s Strongest Asset Class
Connect Texas- April 7, 2020
Census Bureau: Texas Claims Six Of 10 Fastest-Growing Counties In Last Decade
ReBusiness Online- April 6, 2020
How This Dallas Bank Is Dealing With A Massive Influx Of SBA Loan Applications
Dallas Business Journal- April 8, 2020
Walgreens To Introduce Rapid COVID-19 Testing Services In Texas
ReBusiness Online- April 9, 2020
M I D W E S T N E W S
Agribusiness Company Moving Into City Center Lenexa
REJournals – April 8, 2020
Fewer People Paid April Rent. Here’s How Missouri And Illinois Fared
St. Louis Business Journal- April 9, 2020