Industrial Mid-Year Report_Q2 2019_FINAL

Cushman &Wakefield Dallas/Fort Worth

YEAR-TO-DATE - Alliance/North Fort Worth Combined

OVERALL NET ABSORPTION 2.3MSF 1.4MSF 10.4MSF COMPLETIONS

UNDER CONSTRUCTION

MARKET SUMMARY - Alliance

2011

2012 2013 2014 2015 2016 2017 2018 YTD 2019

26.8

26.8

28.0

30.7

33.7

35.6

37.3

41.8

43.5

Inventory (MSF)

Overall Net Absorption (MSF)

746,052

1.4

1.4

1.4

1.3

2.5

4.0

1.6

1.5

13.8% 8.9% 7.5% 11.2% 15.1% 12.4% 6.0% 11.6% 9.7%

Overall Vacancy

25,000

0

1.1

2.7

3.0

1.8

1.7

4.0

1.3

Completions (MSF)

48,726

48,726

3.8

2.8

1.2

1.7

2.7

2.5

8.1

Under Construction (MSF)

VACANCY

NET ABSORPTIONS/COMPLETIONS

HISTORICAL AVERAGE = 11.3%

Historical Average = 11.3%

NET ABSORPTION / COMPLETIONS

16.0%

4.5

14.0%

4.0

12.0%

3.5

3.0

10.0%

2.5

8.0%

2.0 Millions

6.0%

1.5

4.0%

1.0

2.0%

0.5

0.0

0.0%

2011

2012

2013

2014

2015

2016

2017

2018 YTD2019

2011

2012

2013

2014

2015

2016

2017

2018

YTD2019

OVERALL NET ABSORPTION COMPLETIONS

OVERALL VACANCY RATE

HISTORICAL AVERAGE

36 Q2 2019