“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

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Supply Chain Issues Could Stymie Construction, Boost Industrial

GlobeSt- April 14, 2020

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Construction Goes On Despite Lender Scrutiny, Shutdowns

GlobeSt- April 16, 2020

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COVID-19 Creates New Barriers For Developers

National Real Estate Investor- April 13, 2020

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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

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DFW Airport, Love Field To Receive $350 Million In Government Aid

Dallas Business Journal- April 15, 2020

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Texas Leads The Country In Most Approved PPP Loans

Dallas Business Journal- April 15, 2020

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M I D W E S T   N E W S

Pritzker Pursues Midwest Coalition On Restarting States’ Economies

Connect Chicago- April 15, 2020

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There’s A Reason Why This St. Louis Developer Is Smiling

St. Louis Business Journal- April 13, 2020

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2020-04-20T16:29:14+00:00