TAG Industrial Market Watch: March 2, 2019

“More industrial REITs are predicted to invest in the cold storage sector or temperature-controlled warehouses. The popularity of e-commerce has worked out most of the kinks in storage and last mile delivery. Grocers are now jumping on the bandwagon with added temperature requirements and related challenges to implement. Over $2.3 trillion in cold storage space has sold since 2016, with approximately $963 million sold last year (Costar). Asking rents are up in the sector and vacancy rates at approximately 4 percent. There is not much competition for cold storage owners and they are benefiting from the challenges of the sector, including high construction costs, grocer relationships, and industry expertise.

Cold storage is still technically in its infancy and will continue to heat up over time.”

Adam Abushagur

First Vice President Investments

Managing Director- TAG Industrial

I N D U S T R I A L   N E W S

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Globe St – February 27, 2019

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Old warehouses near Dallas’ Galleria would be replaced with new apartments

Dallas News- February 26, 2019

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Digital Tsunami to Flood US by 2022

Globe St – February 25, 2019

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R E G I O N A L   N E W S

Decades-old Arlington retail center to get major upgrade

Fort Worth Business – February 26, 2019

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Developer Hines eyes Deep Ellum retail and office project

The Dallas Morning News- Business – February 28, 2019

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A developer is bringing more changes to North Main Street in Euless

Fort Worth Star-Telegram – February 28, 2019

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N A T I O N A L   N E W S

Banks Are Gearing Up for Another Strong Year in CRE Lending

National Real Estate Investor – February 27, 2019

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HUD Expands LIHTC Program To Encourage Opportunity Zone Investments

Bisnow  – February 26, 2019

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No Longer Washers and Dryers: Developers Put Arts Districts on Amenity List

Bisnow – February 26, 2019

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2019-03-05T16:42:54+00:00

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