TAG Industrial Market Watch: March 9, 2019

TAG Industrial Market Watch: March 9, 2019

“”Investors looking for higher risk/high return need look no further than value-add industrial projects. In the past, assets with physical improvement needs and/or capital constraints may have been viewed with uncertainty. However, the blazing industrial sector is the place to be bullish while the market is secure. With record low industrial vacancy, demand for Class A distribution centers is still spirited. This is true even with tenants’ willingness to pay very high rents for Class B and C industrial properties. There are many opportunities within secondary submarkets of Dallas Fort-Worth to create value for tenants as well as developers with renovations, business plans, new/additional tenants, and ultimately a class upgrade.”

Adam Abushagur

First Vice President Investments

Managing Director- TAG Industrial

I N D U S T R I A L   N E W S

In northwest Dallas, neighbors fight the Salvation Army’s plans for big new homelessness center

Dallas News- March 1, 2019

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Has Robust Industrial Development In McKinney And Beyond Turned Oklahoma Into A Suburb of Dallas?
BISNOW – March 5, 2019
How Dated Industrial Can Become a Class-A Facility
Globe St – March 5, 2019

 

R E G I O N A L   N E W S

Rebuilding Deep Ellum: New Types Of Tenants The Latest To Discover ‘The Best Kept Secret In Dallas’

Bisnow – Dallas-Fort Worth – March 06, 2019

 

Dallasites must work nearly half of each month just to afford rent, study finds

The Dallas Morning News – Business – March 06, 2019

 

Rapid Ascent: CRE Optimism Rises On Plans To Lengthen McKinney Airport Runway

Bisnow – Dallas-Fort Worth – March 04, 2019

N A T I O N A L   N E W S

Amazon Plans To Open Its Own Line Of Non-Whole Foods Grocery Stores

Bisnow – March 03, 2019

 

Weekly mortgage applications fall, but hint at who is buying homes today

CNBC – Real Estate – March 06, 2019

Retailers outside the mall defy industry gloom in the Amazon era

The Union Leader – March 05, 2019
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