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

ALLEN

HIGHLAND VILLAGE

Cushman &Wakefield Dallas

75

PLANO

35E

121

FLOWER MOUND

4

East Fort Worth ROANOKE SOUTHLAKE 114

MURPHY

ADDISON

RICHARDSON

CARROLLTON

35W

35E

121

75

GRAPEVINE

287

635

OBSERVATIONS & TRENDS FARMERS BRANCH

114

KELLER

635

NORTH RICHLAND HILLS

360

COLLEYVILLE

635

• Comprised primarily of smaller, multi-tenant product 114

121

12

12

BEDFORD

GINAW

• Limited new development opportunities due to lack of available land and shallow demand • First Industrial sold Midway Business Park, a 93% leased 470K SF shallow bay industrial portfolio located at SH 121 and I-820, to Cohen Asset Management • Hunt Southwest’s speculative 300K SF Riverbend West Distribution Center traded to Pure Industrial at 86% leased HIGHLAND PARK DALLAS 45 30 35E 35E 30 12 12 12 183 75 80 175

EULESS

183

HALTOM CITY

IRVING

820

820

EAST FORT WORTH

35W

121

360

30

GRAND PRAIRIE

ARLINGTON

FORT WORTH

287

20

BALCH SPRINGS

20

820

20

20

HUTCHINS

67

35E

175

20

DUNCANVILLE

FOREST HILL

287

45

360

35W

DESOTO

LANCASTER

WILMER

MANSFIELD

67

35E

MARKET SUMMARY

2010 2011

2012 2013 2014 2015 2016 2017 2018 YTD

22.9

22.9

22.9

22.9

23.0

23.0

23.4 23.5

23.5

Inventory (MSF)

Overall Net Absorption (MSF)

16,690 (54,492) 35,902

97,359 121,025 (127,368) 216,947 23,604

67,826

5.4% 5.7% 5.7% 5.3% 4.9% 5.8% 6.1% 6.4% 6.0%

Overall Vacancy

0

21,208 25,000

0

50,000 79,800 301,500 100,000

0

Completions (MSF)

Under Construction (MSF)

0

0

0

50,000

0

0

0

0

0

40 Q2 2018