“Holiday spending is expected to rise 5 percent, but without the foot traffic. Already, 50 percent of consumers are flocking to get shopping done, especially since the holiday shopping season is six days shorter this year. However, 53 percent of holiday purchases will be done digitally in 2019, with 20 percent of that occurring on mobile devices. The average consumer will spend upwards of $500 on gifts this year, with the top five retailers including: Amazon, Walmart, Target, Kohl’s, and Macy’s. This growth can be attributed to low unemployment, increased wages, positive consumer confidence, and a partridge in a pear tree.”

-Adam Abushagur

 

I N D U S T R I A L   N E W S

Can the Market Talk Itself Into a Recession? Some Fear Yes

GlobeSt – November 25, 2019

   Read More

For Retailers On The Cusp Of Bankruptcy, Strong Holiday Seasons May Only Delay The Inevitable

BISNOW – November 24, 2019

   Read More

CRE Industry Preps for New EB-5 Regulations

Commercial Property Executive – November 20, 2019

 Read More

 

T E X A S   N E W S

Two more industrial buildings on the way in Garland

The Dallas Morning News – November 22, 2019

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Charles Schwab to move HQ to DFW from San Francisco after TD Ameritrade acquisition

Dallas Business Journal – November 25, 2019

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East End Maker Space Taps Into Opportunity Zone For Mayor’s Complete Communities Initiative

BISNOW – November 19, 2019

 Read more

 

M I D W E S T   N E W S

Key take-aways: A commercial real estate outlook for 2020

Kansas City Business Journal – November 21, 2019

 Read more

Groundbreaking Date Set for $1.7B St. Louis Campus

Commercial Property Executive – November 22, 2019

  Read more

2019-12-02T18:26:50+00:00

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