Industrial Mid-Year Report Q2 2020

Cushman &Wakefield Dallas/Fort Worth

75

N

380

LITTLE ELM

380

Walnut Hill/Stemmons FRISCO

ORINTH

ALLEN

HIGHLAND VILLAGE

75

PLANO

OBSERVATIONS & TRENDS

35E

121

MURPHY

• Area comprised of smaller, mature buildings with lower ceiling heights and limited truck loading capabilities • Companies located in this submarket are predominately local and regional with a concentration of manufacturing and service businesses • Virtually no vacant land for new development and age of building stock could present some redevelopment opportunities 30

ADDISON

RICHARDSON

CARROLLTON

35E

121

75

EVINE

635

FARMERS BRANCH

114

635

WALNUT HILL/ STEMMONS

60

635

114

12

12

HIGHLAND PARK

LESS

35E

30

183

IRVING

75

DALLAS

80

SELECT MARKET ACTIVITY & NEW DEVELOPMENTS

360

30

– Crow Holdings Industrial delivered Core 35 Logistics Center, a two-building speculative project with a 190k sf cross-dock and 200k sf rear-load. The project, located at I-35E and Goodnight Lane in Dallas, is 25% leased. FORNEY 20

GRAND PRAIRIE

N

12

35E

45

12

175

BALCH SPRINGS

12

20

20

HUTCHINS

67

35E

175

DUNCANVILLE

45

360

DESOTO

LANCASTER

WILMER

67

35E

MARKET SUMMARY

2012 2013 2014 2015 2016 2017 2018 2019 YTD 2020

22.2

22.2

22.2

22.2

22.2

22.2

22.2

22.1

22.5

Inventory

Overall Net Absorption (MSF)

(135,505) 291,576 473,767 107,474 77,574 209,285 (23,069) 167,036 166,843

7.9% 6.6% 4.5% 4.0% 3.6% 2.7% 2.4% 2.3% 2.5%

Overall Vacancy

0

0

0

0

0

0

0

0

388,904

Completions (MSF)

Under Construction (MSF)

0

0

0

0

0

0

389,234 389,234

0

106 Q2 2020