The most disruptive issues included construction shutdown orders, new procedures to enable physical distancing on jobsites, and delays of materials, fixtures and equipment, according to JLL’s H2 2020 Construction Outlook.
Illinois Gov. JB Pritzker, Michigan Gov. Gretchen Whitmer, Ohio Gov. Mike DeWine, Wisconsin Gov. Tony Evers, Minnesota Gov. Tim Walz, Indiana Gov. Eric Holcomb and Kentucky Gov. Andy Beshear jointly announced the COVID-19 partnership.
The unnamed Asian investor will contribute approximately $108 million for a 39% equity interest in the joint venture and ILPT will own the remaining 61% equity interest in the joint venture.
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