TAG Industrial Market Watch: February 23, 2019

“Large-scale distribution tenants remain in constant search of a qualified workforce. While site selection for industrial has recently been in the news for high construction and land costs, labor continues to be a lingering issue. It is only natural that as e-commerce grows, warehouses are getting bigger and thus calling for a larger workforce at the site.

While technology additions are leading to safer and more appealing atmospheres for employees, the improvements are not intended to eliminate jobs. In fact, they are contributing in the hiring and retaining of qualified employees in a competitive market. Although controversial, companies like Amazon who raised their minimum wage to $15/hr. back in October in Dallas Fort-Worth are seeing that the increase literally pays off, rather than costly high turnover.

In the question of quality vs. quantity, the answer is both.”

Adam Abushagur

First Vice President Investments

Managing Director- TAG Industrial

I N D U S T R I A L   N E W S

Why Investors Are Banking on Multi-Tenant Industrial

Globe St – February 20, 2019

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1B SF Of New Industrial Deliveries Not Enough To Satisfy Demand
Bisnow- February 20, 2019
Industrial Market: Still Going Strong 
Commercial Property Executive – February 21, 2019

 

R E G I O N A L   N E W S

Texas government, business, economic development leaders on relocation hunt in California

Fort Worth Business Press – February 18, 2019

 

Top D-FW commercial real estate transactions for week of Feb. 15 include Greystone, Greysteel, JLL

The Dallas Morning News- Business – February 15, 2019

 

This Week’s Dallas-Fort Worth Deal Sheet

Bisnow – February 21, 2019

N A T I O N A L   N E W S

Walgreens and CVS are redesigning their drugstores to focus more on health. Here’s how they compare

CNBC – Business – February 18, 2019

 

U.S. Automotive Aftermarket retail sales grow 2.5 percent in 2018, reports NPD

Automotive Body Repair News  – February 20, 2019

 

Developers Claim Co-Living Suites Earn More Per Square Foot Than Regular Apartment Rentals

National Real Estate Investor – February 19, 2019
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2019-03-01T21:57:03+00:00