TAG Industrial Market Watch: March 23, 2019

“Opportunity zones naturally pose a higher risk for potential investors, given their market profiles, but also a higher reward in the long game. There are approximately 8,700 of these economically distressed areas, according to the census tract. Investors will get the most out of the zones if they understand that instead of a yearly financial return, they will benefit instead with appreciation over a 7-10 year long-term hold.

Local government support is extremely valuable in terms of which communities to invest in. While some fear gentrification, reasonable rents that fit with the community housing snapshot that increase with the ideal neighborhood improvements will inevitably come. The goal is for solid communities and better neighborhoods with essential services.

While some investors who plan to or are currently taking advantage of these tax breaks are not doing so for the social return, it is important to remember that Opp Zones were created with community in mind.”

Adam Abushagur

First Vice President Investments

Managing Director- TAG Industrial

I N D U S T R I A L   N E W S

Logistics, E-Commerce Continue To Dominate Industrial Leases

Globe St- March 18, 2019

Read More

 

HNW Investors Might Start Entering the Industrial Sector to Capitalize on Higher Returns
National Real Estate – March 17, 2019
Industrial Demand to Remain Level as Economy Steadies
NAIOP – March 19, 2019

 

T E X A S   N E W S

Growing movement to remove elevated interstate in downtown Dallas

KDFW – March 22, 2019

 

Study says Dallas home price spikes are turning buyers into renters

The Dallas Morning News – Business – March 18, 2019

 

Booming Dallas suburb boasts the biggest rent increase in the U.S.

CultureMap Dallas – March 19, 2019

N A T I O N A L   N E W S

Local Government Action is Critical in Helping Low-Income Residents Benefit from the Opportunity Zone Program

Globe St – March 20, 2019

 

Missouri Has One Of The Highest Vehicle Property Tax Rates In The Nation

Lake Expo – March 7, 2019
2019-04-05T16:19:22+00:00