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

ALLEN

AND GE

75

Cushman &Wakefield Dallas

PLANO

35E

121

Pinnacle/Turnpike MURPHY ADDISON

RICHARDSON

CARROLLTON

35E

121

75

635

OBSERVATIONS & TRENDS 30

FARMERS BRANCH

114

635

• Attractive because of its access to dense blue-collar labor populations and location between Downtown Dallas and DFW International Airport • Below average vacancy as a result of consistent tenant demand • Recent increase of construction activity and quick lease up of new supply 30 80

635

114

12

12

HIGHLAND PARK

35E

183

IRVING

75

DALLAS

PINNACLE/ TURNPIKE

30

GRAND PRAIRIE

12

SELECT NEW DEVELOPMENTS

35E

FORNEY

45

12

175

–– Hillwood’s redevelopment of the large TXI site at I-30 and Chalk Hill Rd will add nearly 2.5 MSF of new supply –– Duke delivered Grand Lakes 4053, a 189,200 SF speculative front-load building off of I-30 in Grand Prairie BALCH SPRINGS 20 175

12

20

20

HUTCHINS

67

35E

DUNCANVILLE

45

DESOTO

LANCASTER

WILMER

MARKET SUMMARY 35E 67

2010 2011

2012 2013 2014 2015 2016 2017 2018 YTD

25.5

25.5

25.7

25.7

25.7

26.3 26.9

27.6

27.8

Inventory (MSF)

Overall Net Absorption (MSF)

(810,816) 1.0 (226,121)

1.1

118,462

2.1

198,619 272,017 (712,173)

14.4% 10.4% 12.0% 7.7% 7.2% 1.6% 2.9% 4.5% 7.8%

Overall Vacancy

0

0

204,762

0

0

620,445 556,613 733,241 189,200

Completions (MSF)

Under Construction (MSF)

0

204,762

0

0

620,445 264,413 733,241 189,200

0

64 Q2 2018