C&W Industrial Insider Year-End Report_Q4-2018

FRISCO

Cushman &Wakefield Dallas/Fort Worth

ALLEN

LAND AGE

75

PLANO

Brookhollow/Trinity 121

35E

MURPHY

ADDISON

OBSERVATIONS & TRENDS

RICHARDSON

CARROLLTON

35E

121

75

• Most of the Brookhollow/Trinity’s building stock was built several cycles ago and struggles to meet modern day supply chain and distribution demands • Demand in this submarket is driven by companies with smaller operations and/or local, last mile fulfillment and distribution • The majority of the submarket’s tenant base occupies smaller spaces – current availabilities consist of only 5 spaces that are 50,000 SF and greater, with only one of which is above 100,000 SF • This infill submarket is primarily built-out and new supply isn’t likely until vacancy increases and developers can make sense of redeveloping old product FORNEY 20 30 30 80 175

635

FARMERS BRANCH

114

635

635

114

12

12

HIGHLAND PARK

35E

183

BROOKHOLLOW/ TRINITY

IRVING

75

DALLAS

30

GRAND PRAIRIE

12

35E

45

12

BALCH SPRINGS

12

20

20

HUTCHINS

67

35E

175

DUNCANVILLE

MARKET SUMMARY

45

DESOTO

2010 2011 LANCASTER

2012 2013 2014 2015 2016 2017 2018

WILMER

67

35E

47.9

47,.9

47.9

47.9

48.3

48.3

48.3

48.3

48.8

Inventory (MSF)

Overall Net Absorption (MSF)

(1.1)

398,419 137,953 245,991

1.2

572,730 532,986 64,042 20,578

8.1% 7.3% 7.0% 6.6% 4.7% 3.5% 2.4% 2.2% 2.1%

Overall Vacancy

0

21,400

0

34,400 353,161

0

0

0

0

Completions (MSF)

Under Construction (MSF)

21,400

0

139,561 185,161

0

0

0

0

0

30 Q4 2018