15 07, 2019

TAG Industrial Market Watch: July 13, 2019

2019-07-15T18:06:19+00:00

"Investors continue to snatch up existing industrial properties, as spec development financing has been less than robust this year. Even with the strong e-commerce sector, lenders are becoming more hesitant to fund larger, riskier projects for industrial space. Buyers too are doing extended due diligence in their underwriting in order to have better financial control [...]

TAG Industrial Market Watch: July 13, 2019 2019-07-15T18:06:19+00:00
8 07, 2019

TAG Industrial Market Watch: July 6, 2019

2019-07-08T19:32:50+00:00

"In terms of industrial real estate, tenancy is key. Multi-tenant industrial buildings are in high demand, but so are long-term leases for owners looking for a solid NOI. In addition to new and improved tenant amenities, tenant relations are becoming increasingly important. This includes an attentive property management team who can ensure the tenant is [...]

TAG Industrial Market Watch: July 6, 2019 2019-07-08T19:32:50+00:00
1 07, 2019

TAG Industrial Market Watch: June 29, 2019

2019-07-01T16:50:24+00:00

"Canadian-based company Shopify plans to spend $1 billion on U.S. based fulfillment centers to enter the e-commerce ring with mammoth Amazon. Shopify's smart inventory allocation technology will supposedly make deliveries faster and cheaper. But Amazon has many pet projects and continues to venture outside its traditional e-commerce platform. It remains unseen that any company could [...]

TAG Industrial Market Watch: June 29, 2019 2019-07-01T16:50:24+00:00
24 06, 2019

TAG Industrial Market Watch: June 22, 2019

2019-06-24T15:48:28+00:00

"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. [...]

TAG Industrial Market Watch: June 22, 2019 2019-06-24T15:48:28+00:00
19 06, 2019

TAG Industrial Market Watch: June 15, 2019

2019-06-19T16:31:21+00:00

"While all looks good on the horizon, many in the industrial real estate world are keeping an eye on any potential issues in the "late cycle" we are currently experiencing. Strategy is important as ever and for 2019, that's value add. With the future of trade uncertain, existing properties may be more appealing and cost [...]

TAG Industrial Market Watch: June 15, 2019 2019-06-19T16:31:21+00:00
10 06, 2019

TAG Industrial Market Watch: June 8, 2019

2019-06-10T16:54:18+00:00

"Economists say a trade war with Mexico would impact Texas more than any other state. But commercial real estate investors are saying they've heard similar threats before and are waiting before jumping into contingency plans. The supposed new tariff on Mexican goods would begin June 10, 2019 at a rate of five percent, with a [...]

TAG Industrial Market Watch: June 8, 2019 2019-06-10T16:54:18+00:00
4 06, 2019

TAG Industrial Market Watch: June 1, 2019

2019-06-04T16:35:05+00:00

"Demand is still high for the industrial market, though increased construction costs, unpredictable delays, etc. are on the radar for lenders. For this reason, supply may dip ever so slightly. Generally, these lenders view construction development loans as a high-yield opportunity. However, skilled labor is still very tight and the trade war is directly affecting [...]

TAG Industrial Market Watch: June 1, 2019 2019-06-04T16:35:05+00:00
28 05, 2019

TAG Industrial Market Watch: May 25, 2019

2019-05-28T22:04:03+00:00

"Labor shortages continue to be on the rise-- to the tone of 300,000 job openings (the highest on record). According to CoStar, over 1.19 million people are employed in warehousing/storage and employee earnings are up 3 percent year-over-year. Dallas has been considered a metro with a larger, however more expensive, labor pool for e-commerce players. [...]

TAG Industrial Market Watch: May 25, 2019 2019-05-28T22:04:03+00:00
24 05, 2019

TAG Industrial Market Watch: May 18, 2019

2019-05-24T17:03:36+00:00

"The richest man in the world has plans to 1. Recolonize us in space and 2. Increase light industrial real estate development here on Earth first. There's no doubt Amazon's Jeff Bezos has inspired a huge boom for industrial real estate. Now the mogul has plans to create orbiting space colonies of up to one [...]

TAG Industrial Market Watch: May 18, 2019 2019-05-24T17:03:36+00:00
13 05, 2019

TAG Industrial Market Watch: May 11, 2019

2019-05-13T14:06:37+00:00

"Companies are desperately trying to keep up with Amazon and their impressive (and still improving) delivery/shipping options. However, warehouse labor is still struggling due to 1. keeping up with demand and 2. retaining workers under harsh logistics conditions that are simply the nature of the job. People still have immense ability over machines when it [...]

TAG Industrial Market Watch: May 11, 2019 2019-05-13T14:06:37+00:00