“The impact of coronavirus on e-commerce is already proving to be astronomic, with an overall 25% increase from the beginning to the middle of March. Online sales for groceries have doubled in that timeframe, now making up 8% of online sales. Online commerce was already thriving prior to the outbreak, but is experiencing an influx with brick-and-mortar stores being forced to shut their doors. Interestingly, the trend of buying online and picking up in store has jumped 62%, computer sales surging 40%, and fitness gear increasing 55%. These large numbers are only more astonishing with the extremely short time frame they occurred in, the lasting effect still to be seen.” -Adam Abushagur

 

I N D U S T R I A L   N E W S

Unemployment Claims Top 6.6 Million

Commercial Property Executive- April 2, 2020

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Americans Adopting E-Commerce Faster Than Ever Amid Pandemic

National Real Estate Investor- March 31, 2020

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Marcus & Millichap Acquires Dallas-Based Metropolitan Capital

Connect Texas- April 2, 2020

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$2T To The Rescue: CRE And The Stimulus Package

Commercial Property Executive- March 26, 2020

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T E X A S   N E W S

How COVID-19 Could Impact Property Values, According To Appraisers

Dallas Business Journal- April 1, 2020

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3 DFW Small Business CEOs On How They’re Getting Through COVID-19

Dallas Business Journal- March 30, 2020

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A Loan To Your Tenant From The CARES Act Doesn’t Mean It Can Pay Rent

BISNOW- April 1, 2020

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M I D W E S T   N E W S

Amazon To Ink Deal For More Space In St. Louis

St. Louis Business Journal – March 31, 2020

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Coronavirus Shutdowns Don’t Stop Big Downtown Construction Project

Kansas City Business Journal- March 27, 2020

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2020-04-06T16:35:28+00:00