“The Federal Reserve wasted no time in responding to the coronavirus panic with yet another interest rate cut on Tuesday, the first of 2020 but the fourth in a series of slashes beginning in 2019. The Feds made the cut of 50 basis points, the largest in over a decade. The emergency rate cut is meant to cushion the economy against the virus’s effects, but the actual impact is still unknown. Another quarter-point cut is expected at the next meeting on March 18, and possibly another in April. A rate cut in no way solves the viral issue, but it’s better than nothing. A small bright light is that experts say data centers and industrial are assets with the most upside, as public traffic issues hit them less.” -Adam Abushagur

 

I N D U S T R I A L   N E W S

Investors See U.S. Real Estate As Safe Haven During Coronavirus Scare

BISNOW – March 5, 2020

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Last-Mile Industrial Investment Opportunities Expanding to Smaller Markets

National Real Estate Investor- March 5, 2020

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Data Center Sale-Leasebacks All the Rage

SIOR- March 3, 2020

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T E X A S   N E W S

Investors Still Like Houston Industrial

GlobeSt – March 3, 2020

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DFW Industrial Sales Reach Nearly $844M in First 2 Months of 2020

BISNOW – March 3, 2020

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Development to bring millions of square feet of warehouse space to south Fort Worth

Dallas Business Journal – March 3, 2020

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Lone Star Bright: Texas Boasts A Saga Of Success

Business Facilities – March 4, 2020

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M I D W E S T   N E W S

KCI Quarterly Update: With foundation laid, vertical work starts in April

Kansas City Business Journal – March 5, 2020

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City Foundry gets $40M investment

St.Louis Business Journal – March 3, 2020

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2020-03-09T15:58:23+00:00

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