Market Watch

2nd Quarter 2014 Hotline Market Watch The construction of new facilities for manufacturing and warehousing will be proportionately slower during this recovery than any previous recovery in modern times. In fact, we predict that this recovery will have as little as one-half the new square footage requirements of most recoveries.

1st Quarter 2014 Hotline Market Watch Southern Industrial Development by Joe A. Hollingsworth, Jr. Many of last decade’s fantasies are today’s realities, and none more than the resurgence of American manufacturing. Article after article a decade ago said the US was destined to be the land of restaurants and retail

4th Quarter 2013 Hotline Market Watch Southern Industrial Development by Joe A. Hollingsworth, Jr. For the last 20 years, the decline of American manufacturing has been accelerating. Manufacturing output accounted for 19% of the economy in 2000; and, as of 2012, it has hovered around 11%. However, in the last

3rd Quarter 2013 Hotline Market Watch Southern Industrial Development by Joe A. Hollingsworth, Jr. If you own or control an industrial portfolio of Class B or above properties, the fear during the recovery might be that new speculative construction can – to a great extent – make the older structures

2nd Quarter 2013 Hotline Market Watch Southern Industrial Development by Joe A. Hollingsworth, Jr. For the last 25 years, we have been a strong proponent of taking “risks” on interest rates on our real estate loans by tying them to floating LIBOR (the London InterBank Offered Rate). While this decision

1st Quarter 2013 Hotline Market Watch Southern Industrial Development by Joe A. Hollingsworth, Jr. Necks that are stuck out sometimes get chopped off. Well, as I mentioned in my last couple of hotline articles, we were predicting a Romney victory with a 5% GDP growth starting in March 2013. The

4th Quarter 2012 Hotline Market Watch Southern Industrial Development by Joe A. Hollingsworth, Jr. In our September 2011 hotline article, we said, “Once again we see that business hates variables and can only factor very few variables at one time in the decision to deploy capital.” In July 2012, we

3rd Quarter 2012 Hotline Market Watch Southern Industrial Development by Joe A. Hollingsworth, Jr. In our September 2011 hotline article, we said: “Once again we see that ‘business hates variables’ and can only factor very few variables at one time in the decision to deploy capital.” Today, there still are

2nd Quarter 2012 Hotline Market Watch Southern Industrial Development by Joe A. Hollingsworth, Jr. Broadly speaking the American South is in the most ideal position for future job growth than ever before. Between 2000 and 2010 the U.S. lost roughly 3 million jobs that were sent off shore and a

1st Quarter 2012 Hotline Market Watch Southern Industrial Development by Joe A. Hollingsworth, Jr. While there are many factors that drive a real estate price recovery, one increasingly dominant factor in this recovery is the global demand for US assets including real estate assets. With Europe’s crisis meandering along a