C&W Industrial Insider Mid-Year Report -Q2 2018

Industrial Insider Mid-Year Report

MARKET SUMMARY

2010 2011

2012 2013 2014 2015 2016 2017 2018 YTD

62.8

62.9

63.0

65.7 70.4

74.0

76.1

79.3

79.8

Inventory (MSF)

Overall Net Absorption (MSF)

920,319

3.6

2.4

4.5

2.4

3.2

4.6

3.2

1.2

19.2% 13.5% 9.9% 6.8% 9.5% 9.7% 6.1% 5.8% 6.4%

Overall Vacancy

776,483 28,417

85,500

2.7

4.6

3.7

2.1

3.2

444,429

Completions (MSF)

Under Construction (MSF)

0

85,500

1.1

4.5

3.6

2.3

3.7

1.6

5.4

COMPLETIONS / NET ABSORPTIONS

VACANCY

NET ABSORPTION / COMPLETIONS

Historical Average = 8.2% HISTORIC L AVERAGE = 8.2%

2.0 2.5 3.0 3.5 4.0 4.5 5.0

14.0%

12.0%

10.0%

8.0%

6.0%

Millions

4.0%

1.0 1.5

2.0%

0.0 0.5

0.0%

Q2 2010 Q2 2011

Q2 2012 Q2 2013 Q2 2014 Q2 2015 Q2 2016 Q2 2017 Q2 2018

2012 2013 2014 2015 2016 2017 2018 YTD

OVERALL VACANCY RATE

HISTORICAL AVERAGE

OVERALL NET ABSORPTION COMPLETIONS

Q2 2018

35