Industrial Mid-Year Report_Q2-2018

Industrial Insider Mid-Year Report

Mid-Year Update

Welcome back to our Industrial Insider report. We hope everyone is enjoying their summer. Our team has experienced a lot of positive feedback over the last 12 months, and we are excited to present our new and improved Industrial Insider - Mid-Year Update. In this report, we present the latest DFW industrial market activity and paint a picture of our current cycle’s speed and stamina. Our market is experiencing a time unlike any other and we continue to witness strong growth and activity in every statistical metric. For the first half of 2018, we tracked 11.7 MSF of overall net absorption, putting the greater DFW industrial market on track to exceed 20 MSF for the fourth straight year.

Construction activity is topping record highs in the DFW market with mid- year completions at 10.8 MSF and 22.6 MSF of new supply currently under construction, 74% of which is speculative product. This influx of speculative product in the construction pipeline may raise concerns from a vacancy perspective, but leasing velocity and absorption currently outpace deliveries and mid-year active tenant requirements look strong at 25.9 MSF. We hope you find this special Mid-Year Update edition of our Industrial Insider informative. We trust the content of the data validates our excitement for the direction our market is heading. Wishing everyone success throughout the remainder of 2018.

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ROCKWALL

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

Q2 2018

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