TAG Industrial Market Watch: December 29, 2018

“2018 Holiday retail sales in November and December surpassed predictions of a 4.3-4.8 percent increase at a whopping 5.1 percent, according to the National Retail Federation forecast. This activity translates to the industrial sector as e-commerce played a large role in that number-an 18.3 percent increase in e-commerce sales (Mastercard) and an overall 13 percent of retail sales to be exact. Amazon, for instance, reported a “record-breaking” holiday season around the globe. Overall, a staggering $110.6 billion was spent online, with an estimated total of $126 billion at the end of December. Whether it be the better pricing, wider selection, or saving time, online retail sales are just another supporting factor for industry strength in 2019.”

Adam Abushagur

Vice President Invesments

Managing Director- TAG Industrial

Industrial News

CRE Opinion: The Biggest Industrial Gold Mine in DFW
D Magazine – December 26, 2018
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On-demand warehouse space gains traction in real estate markets

Business Report – December 26, 2018
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Year in Review 2018: Industrial leasing keeps rolling amid e-commerce boom

Biz Journals – December 26, 2018
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Regional News

Dallas’ 1700 Pacific to add retail, restaurant space as part of $10M in renovations
Dallas Business Journal – December 21, 2018
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390-Unit Community Underway in Dallas
Multi-Housing News – December 21, 2018
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Centurion American Group purchases Collin Creek Mall, plans $1 billion redo
Dallas Business Journal – December 21, 2018
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National News

Blue-collar worker shortage turns U.S. labor market on its head
The Columbian – December 23, 2018
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From Alaska to New York: These states are raising minimum wages in 2019
Milwaukee Journal Sentinel – Business – December 27, 2018
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Home Price Gains in 20 U.S. Cities Slow for a Seventh Month
National Real Estate Investor – December 26, 2018
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