Industrial Watch: April 18, 2020
“The coronavirus outbreak has naturally led to those in manufacturing thinking about inventory for the future. Supply chain worries have materialized since the shutdown of the economy, and Prologis research predicts a possible 5% increase to those business’ inventories. This could result in several hundreds of thousands of industrial square feet needed to meet demand. And while construction costs have been rising substantially, unemployment is also skyrocketing. This could cause labor costs to decrease, in addition to another factor to consider – energy prices and their effect on transportation costs. This will also depend of course on the country’s supply chain from China and if they will be able to export materials to the U.S.” -Adam Abushagur
I N D U S T R I A L N E W S
Craig Hall On The Good, The Bad, The Ugly And The Opportunities After COVID-19 Downturn
Bisnow- April 9, 2020
Supply Chain Issues Could Stymie Construction, Boost Industrial
GlobeSt- April 14, 2020
Construction Goes On Despite Lender Scrutiny, Shutdowns
GlobeSt- April 16, 2020
COVID-19 Creates New Barriers For Developers
National Real Estate Investor- April 13, 2020
T E X A S N E W S
Pioneer, Other Oil Companies Ask State Regulators To Limit Output
Dallas Business Journal- April 15, 2020
DFW Airport, Love Field To Receive $350 Million In Government Aid
Dallas Business Journal- April 15, 2020
Texas Leads The Country In Most Approved PPP Loans
Dallas Business Journal- April 15, 2020
M I D W E S T N E W S
Pritzker Pursues Midwest Coalition On Restarting States’ Economies
Connect Chicago- April 15, 2020
There’s A Reason Why This St. Louis Developer Is Smiling
St. Louis Business Journal- April 13, 2020