Industrial Mid-Year Report_Q2-2018

Industrial Insider Mid-Year Report

Under Construction

Building

Developer/Owner

RBA

SF Available

Est. Delivery

Jupiter Miller Business Ctr - Bldg 2 Langford Property Co

327,600

327,600

Aug-18

Jupiter Miller Business Ctr - Bldg 1A Langford Property Co

218,400

218,400

Aug-18

Jupiter Miller Business Ctr - Bldg 1B Langford Property Co

218,400

218,400

Aug-18

Ashley Furniture

Ashley Furniture

877,230

0

Sep-18

Skyline Trade Center - Bldg D

IDI Logistics

487,200

0

Oct-18

Exeter Buckner - Bldg 2

Exeter

583,200

583,200

Jan-19

Exeter Buckner - Bldg 4

Exeter

230,300

230,300

Jan-19

Exeter Buckner - Bldg 3

Exeter

162,800

162,800

Jan-19

Shiloh Business Center - Bldg B (South) Shiloh Business Center - Bldg A (North)

Huntington

132,022

132,022

Mar-19

Huntington

117,075

117,075

Mar-19

FORECAST Both the Garland and Mesquite submarkets will see an increase in construction deliveries throughout the second half of the year. Over the next nine months, Mesquite will add to its inventory with new supply of about 2.3 MSF, the most it has seen in over ten years. About 1.4 MSF of this new supply in the pipeline is speculative product, 33% of which is pre-leased. Garland should see a slight uptick in vacancy with over 1 MSF delivering by year-end, none of which has been pre-leased.

TA B L E O F CON T E N T S

Q2 2018

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