Industrial Mid-Year Report_Q2 2019_FINAL

Cushman &Wakefield Dallas/Fort Worth

75

380

North Dallas/Metropolitan LITTLE ELM 380

H

FRISCO

OBSERVATIONS & TRENDS ALLEN

LAND

75

LAGE

• Inventory consists mostly of pre-2000 construction stock and typically appeals to tenants seeking office/showroom or shallow bay distribution • Infill submarket that was largely built out prior to the current cycle and is transitioning to higher finish product although most projects are land constrained • Tenant base is predominately local and regional credit tenants who desire access to the heavily populated North Dallas suburbs MURPHY 30

PLANO

35E

121

ADDISON

RICHARDSON

CARROLLTON

NORTH DALLAS/ METROPOLITAN

35E

121

75

E

635

FARMERS BRANCH

114

635

635

114

• Last-mile delivery location drives demand

12

12

HIGHLAND PARK

35E

• Staton Wholesale renewed their lease in 200,042 SF at 4552 Simonton Road 30

183

IRVING

75

DALLAS

80

0

30

MARKET SUMMARY

GRAND PRAIRIE

12

35E

FORNEY

45

12

175

20

2011

2012 2013 2014 2015 2016 2017 2018 YTD 2019 BALCH SPRINGS

12

20

20

HUTCHINS

19.2

19.2

19.2

19.2 175

19.2

19.2

19.2

19.2

19.2

67

35E

Inventory (MSF) DUNCANVILLE

Overall Net Absorption (MSF)

121,947 377,001 300,709 440,554 204,740 75,510 123,247 (441,725) (67,187) 45

DESOTO

LANCASTER

12.7% 10.8% 9.2% 6.9% 5.9% 5.5% 4.9% 6.9% 7.2% WILMER

Overall Vacancy

67

35E

0

0

0

0

0

0

0

0

0

Completions (MSF)

Under Construction (MSF)

0

0

0

0

0

0

0

0

0

74 Q2 2019