C&W Industrial Insider Year-End Report_Q4-2018

Cushman &Wakefield Dallas/Fort Worth

Richardson/Plano

OBSERVATIONS & TRENDS

75

380

• Higher finish, flex, tech and data center type product

M

380

• Proximity to white-collar, educated work force

FRISCO

• Existing building stock is 20 years old on average and a limited number of available land sites for infill development • Plano restricts building design to limit the number of dock doors through its RT zoning

ALLEN

75

PLANO

RICHARDSON/PLANO

MURPHY

ADDISON

SELECT NEW DEVELOPMENTS

RICHARDSON

ROLLTON

5E

–– Jackson Shaw broke ground on Parc Northeast in Richardson, a 434,640 SF development in four buildings on Telecom Parkway – it is outside the RT zoning boundary and expected to deliver late Q1 or early Q2 2019

75

30

ARMERS RANCH

635

635

12

12

HIGHLAND PARK

35E

30

75

DALLAS

80

MARKET SUMMARY 30

35E

FORNEY

45

2010 2011

2012 2013 2014 2015 2016 2017 2018

12

175

20

BALCH SPRINGS

12

20

33.4

33.4

33.8

34.2

34.7

35.2 35.2

36.2

36.5

Inventory (MSF) 35E

HUTCHINS

67

175

ILLE

Overall Net Absorption (MSF) 45

427,619 129,543 561,409 868,944

1.4

628,517 98,843 462,325 234,913

DESOTO

LANCASTER

12.3% 11.9% 11.1% 9.6% 6.8% 6.4% 6.1% 7.4% 6.7%

WILMER

Overall Vacancy 35E

68,600

0

315,974 432,155 474,540 531,049

0

965,970 284,908

Completions (MSF)

Under Construction (MSF)

0

194,606 207,155 45,000 326,205

0

659,970

0

738,740

72 Q4 2018