“Conversion of brick-and-mortar retail to industrial was a slow-moving trend before the economic shutdown. The resulting e-commerce and last-mile logistics explosion in the market caused the trend to be on many investors’ radar, as retail real estate plummeted. Providing significant opportunity and much needed relief for faltering retail, this trend is also a challenging transition. A key to success with the retail-industrial segment is balance—with stand-alone retail being a less complex conversion, and multi-tenant retail appearing to be a longer-term project. Either option suggest not all hope is lost for investors hit by the pandemic-induced retail downturn.”   -Adam Abushagur

 

I N D U S T R I A L   N E W S

How Is CRE Dealing With COVID-19?
Forbes – November 17, 2020
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Why Insurance Rates Are Rising For CRE Owners
GlobesSt – November 19, 2020
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Bidding Wars Underway For Last Mile Industrial Assets
National Real Estate Investor – November 12, 2020
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T E X A S   N E W S

Black Creek Group To Build Out New DFW Industrial Hub
Bisnow – November 12, 2020
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California Exodus Roared On Even Before Covid Hit
San Francisco Business Times – November 17, 2020
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North Fort Worth Population Is Explosive Even In Downturn
GlobeSt – November 18, 2020
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Titan Development Breaks Ground On 330,000 SF Industrial Project In Metro Austin
ReBussiness Online – November 16, 2020
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K A N S A S / M I S S O U R I   N E W S 

Here Are Some Other Uses For KC Star Property ​​​​​​— Beyond Downtown
Baseball — Suggested By Owner
Kansas City Business Journal – November 18, 2020
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10 Blocks In O’Fallon Park Slated For $81M In Development
St. Louis Business Journal – November 19, 2020
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I L L I N O I S   N E W S

Chicago’s New Building Code Avoids Speed Bumps And Is Set To Keep Rolling Forward
Bisnow – November 20, 2020
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Nuveen Real Estate Secures $94M For Industrial Portfolio
Commercial Property Executive – November 11, 2020
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C O L O R A D O   N E W S

See Where Denver Ranks Among North America’s Top 30 Tech Real Estate Markets
​​​​​​​Denver Business Journal – November 19, 2020
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Confirmed: Company With Average Wages Above $425K Picks Denver For New HQ
​​​​​​​Denver Business Journal – November 4, 2020
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