Economy

The deals were announced on Wednesday by the three major automakers. Following Thursday evening shifts, Ford is temporarily suspending production at its manufacturing sites in North America to March 30 to thoroughly clean its facilities to protect its workforce and boost containment efforts for the COVID-19 coronavirus.

With people rushing out to grocery stores and pharmacies, daily needs retailers are doing well amid the crisis.

Jobs have driven strong medical office activity in Phoenix, but new supply will likely drive vacancy up this year.

The outbreak of COVID-19 will certainly be a decrease in real estate demand drivers, but there will be some great buying opportunities.

The coronavirus has brokers guessing as to how this will affect leasing in the short term, and Avison Young says leasing activity is likely to have a degree of decline in transaction volumes compared to pre-crisis expectations.

It is not necessarily true that the Dallas self-storage sector is facing a slowdown because mobility is a major driver of the sector, and the mobility of DFW residents is higher than the US average.