Industrial Mid-Year Report_Q2 2019_FINAL

Industrial Insider Mid-Year Report

YEAR-TO-DATE - Mesquite

OVERALL NET ABSORPTION UNDER CONSTRUCTION 470K SF 11.2% 877K SF 1.2MSF OVERALL VACANCY COMPLETIONS

MARKET SUMMARY - Mesquite

2011

2012 2013 2014 2015 2016 2017 2018 YTD 2019

17.2

17.2

17.6

17.6

17.6

17.6

18.0

18.5

19.4

Inventory (MSF)

Overall Net Absorption (MSF)

700,928 612,735 542,836 401,271 (53,877) (177,433) 657,499 207,070 469,695

15.6% 12.0% 10.9% 8.7% 9.0% 10.1% 8.2% 10.1% 11.2%

Overall Vacancy

0

0

398,162

0

0

25,755

351,874 520,666 877,230

Completions (MSF)

0

398,162

0

0

25,755

351,874 877,230

1.9

1.2

Under Construction (MSF)

VACANCY

COMPLETIONS / NET ABSORPTIONS

HISTORICAL AVERAGE = 11.5%

NET ABSORPTION / COMPLETIONS

Historical Average = 11.5%

1.0

18.0%

16.0%

0.8

14.0%

0.6

12.0%

0.4

10.0%

Millions

8.0%

0.2

6.0%

0.0

4.0%

2011

2012

2013

2014

2015

2016

2017

2018 YTD2019

(0.2)

2.0%

0.0%

(0.4)

2011

2012

2013

2014

2015

2016

2017

2018

YTD2019

OVERALL NET ABSORPTION COMPLETIONS

OVERALL VACANCY RATE

HISTORICAL AVERAGE

Q2 2019

63

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