C&W Industrial Insider Year-End Report_Q4-2018

Industrial Insider Year-End Report

Year-End Update

Welcome back to our Industrial Insider report. We hope this holiday season finds everyone well. Our team is excited to present the latest update on the Dallas/Fort Worth industrial market with our Industrial Insider – 2018 Year- End Report. In this report, we summarize the performance of the DFW industrial market in 2018 and inform you on what can be expected for 2019. As the year comes to a close, we have tracked 22.9 MSF of overall net absorption for the greater DFW industrial market, marking its fourth straight year exceeding 20 MSF. Construction activity remained elevated with year-end completions reaching 26.9 MSF and an additional

21.7 MSF currently under construction. Overall vacancy increased by 60 bps year-over-year (7.1%), but still remains well below the 15-year historical average (9.2%) despite record-high levels of new supply. Looking ahead for 2019, we believe the DFW market will continue to see robust activity. Year-end active tenant requirements look strong at 23.4 MSF, especially compared to 2017’s 17.7 MSF. We hope you find this special Year-End Update edition of our Industrial Insider informative. The year-end numbers for 2018 make us optimistic for the year ahead, as our market continues to break records with strong growth. Wishing everyone a great finish to 2018 and a very Happy New Year.

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Kurt Griffin, SIOR Executive Managing Director +1 972 663 9818 kurt.griffin@cushwake.com

Nathan Orbin, SIOR Executive Managing Director +1 972 663 9819 nathan.orbin@cushwake.com

Ann Jaggars Analyst +1 972 663 9775 ann.jaggars@cushwake.com

Q4 2018

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