Industrial Watch: March 28, 2020

“The Senate unanimously passed the historic $2 trillion relief package on Wednesday, with an approval of the House on Friday, to assist with ongoing personal and economic struggles during the coronavirus pandemic. The Labor Department reported that nearly 3.3 million people filed for unemployment last week. The package includes ‘direct payments to Americans, strengthened unemployment insurance, loans to businesses, and increased health-care resources’ (cnbc.com). The massive relief package will not only provide billions to hospitals dealing with the outbreak, but also to state and local governments experiencing financial struggle.”  -Adam Abushagur

I N D U S T R I A L   N E W S

What Retailers Will Be Left Standing After The Coronavirus Pandemic Ends?

National Real Estate Investor- March 25, 2020

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SIOR Launches Nationwide Outreach Program To Aid Nonprofits Impacted By Coronavirus

ReBusiness Online- March 20, 2020

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No Need For Panic Buying Groceries; Warehouses Are Full, Trucks Are Moving

Dallas Business Journal- March 24, 2020

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Investors Turn To Safe Haven Of U.S. Real Estate In Wake Of The Coronavirus

National Real Estate Investor- March 24, 2020

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T E X A S   N E W S

TDC Plans Two-Building Industrial In Sugar Land Business Park

Connect Texas- March 26, 2020

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Industrial Slows But Is Anticipated to Bounce Back

Globe St.- March 23, 2020

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Texas Home Sales Reached New Peak Just Before COVID-19 Hit

Connect Texas- March 23, 2020

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M I D W E S T   N E W S

Why Coronavirus Is Fueling Opportunity In One Part Of The St. Louis Real Estate Market

St. Louis Business Journal – March 25, 2020

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St. Louis Construction Firms, Enjoying Business As Usual, Wonder How Long Their Good Fortune Will Last

St. Louis Business Journal- March 24, 2020

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