10 08, 2020

TAG Industrial Watch: August 8, 2020

2020-08-10T14:28:24+00:00

“The COVID-19 effect, while only increasing demand for industrial, has crept into the development side. Developers are building for the mass market of tenants with exit strategies in mind. While demand is present and with new development amenities and design features, leasing these developed sites becomes much easier. However, it is important to remember that [...]

TAG Industrial Watch: August 8, 2020 2020-08-10T14:28:24+00:00
3 08, 2020

TAG Industrial Watch: August 1, 2020

2020-08-10T14:16:32+00:00

“While much of COVID-19 economic assistance has been provided for numerous markets, there may be opportunity for CRE owners to receive relief as well. The Helping Open Properties Endeavor Act of 2020 (HOPE Act of 2020) was introduced into Congress and would “require the Department of the Treasury to establish and administer a facility to [...]

TAG Industrial Watch: August 1, 2020 2020-08-10T14:16:32+00:00
27 07, 2020

TAG Industrial Watch: July 25, 2020

2020-07-27T15:45:29+00:00

“Contrary to other asset classes, industrial rents are stable or increasing and new leases are being signed to meet the digital demand surge. According to CNBC, one billion square feet of additional industrial space will be needed by 2025 to meet this demand, linked to surging e-commerce. This is supported by Prologis’s estimate that says [...]

TAG Industrial Watch: July 25, 2020 2020-07-27T15:45:29+00:00
20 07, 2020

TAG Industrial Watch: July 18, 2020

2020-07-27T15:38:14+00:00

“With some slippage in CRE pricing during the pandemic, it appears at least industrial is faring well. With continued demand for the property type, pricing adjustments remain linked to existing real estate fundamentals (quality tenants, quality of asset, etc.). Small box properties are subject to more volatility of these fundamentals and are seeing the most [...]

TAG Industrial Watch: July 18, 2020 2020-07-27T15:38:14+00:00
13 07, 2020

TAG Industrial Watch: July 11, 2020

2020-07-13T16:17:46+00:00

“Christmas in July? Logistics specialists report holiday levels of activity after the surge in e-commerce added 99,000 workers in June (Bureau of Labor Statistics). Uptick in manufacturing, partial reopening for businesses, and the need for restocking has helped industrial begin to resurge since the start of the pandemic. Also supporting industrial revival is SIOR’s June [...]

TAG Industrial Watch: July 11, 2020 2020-07-13T16:17:46+00:00
6 07, 2020

TAG Industrial Watch: July 4, 2020

2020-07-13T16:09:53+00:00

“Overall retail sales have slipped during the coronavirus pandemic, but e-commerce continues to skyrocket, accounting for 14.5% of total retail sales this year. The top ten e-commerce retailers are expected to increase their market share to 60.1%, with Amazon at the top position in the market. E-commerce alone went from over $423 billion in 2018, [...]

TAG Industrial Watch: July 4, 2020 2020-07-13T16:09:53+00:00
29 06, 2020

TAG Industrial Watch: June 27, 2020

2020-06-29T14:54:40+00:00

"While there is no doubt 2020 will be a harder year for all asset types, the NAIOP June survey supports overall sentiment that industrial will be the trailblazer out of the global health pandemic. A whopping 70.7% of respondents of the survey saw acquisitions occur since April, with the majority witnessing a doubling of industrial [...]

TAG Industrial Watch: June 27, 2020 2020-06-29T14:54:40+00:00
22 06, 2020

TAG Industrial Watch: June 20, 2020

2020-06-29T14:33:38+00:00

"Buyers may be targeting distressed assets in the current economic climate, with investors comparing this recession to that of 2008. However, there are stark differences between the two downfalls that suggest buyers looking for a steal on property may be unrealistic. Fundamentals were strong before this unexpected recession, unlike those before the Great Financial Crisis, [...]

TAG Industrial Watch: June 20, 2020 2020-06-29T14:33:38+00:00
15 06, 2020

Industrial Watch: June 13, 2020

2020-06-15T16:49:44+00:00

"High-net-worth investors are on the lookout for warehouses during the ongoing coronavirus pandemic. While the health crisis undoubtedly shook up all investment plans, investors are already seeing the stand-out players in commercial real estate in terms of long-term growth. While returns out of the gate may be lower amidst the current economic upset, the long-term [...]

Industrial Watch: June 13, 2020 2020-06-15T16:49:44+00:00
8 06, 2020

Industrial Watch: June 6, 2020

2020-06-08T16:36:42+00:00

"Investment groups are taking an interest in industrial, thanks to an invigorated supply chain during COVID-19. Investors of other property types now have their eyes on industrial, and those who are already in the arena are looking to pick up more. Naturally, larger spaces with long-term leases and credit-worthy tenants are more appealing from a [...]

Industrial Watch: June 6, 2020 2020-06-08T16:36:42+00:00