Industrial Mid-Year Report Q2 2020

Industrial Insider Mid-Year Report

Under Construction - Availabilities (100K SF+)

Building

Developer/Owner

RBA

SF Available

Alliance Center North 7

Hillwood

810,908

810,908

Speedway Logistics Crossing, Bldg 3

Scannell

795,780

795,780

NorthLink A

Hines

754,313

754,313

Synergy Crossing, Bldg 400

Ironwood/TCRG Properties

708,047

708,047

Intermodal Logistics Center, Bldg 3

NorthPoint Development

707,592

707,592

Elizabeth Creek Gateway, Bldg D

DHL Real Estate

702,000

702,000

Alliance Northport 2

Hillwood

460,248

460,248

Elizabeth Creek Gateway, Bldg E

DHL Real Estate

403,000

403,000

Synergy Crossing, Bldg 300

Ironwood/TCRG Properties

390,440

390,440

NorthLink B

Hines

263,200

263,200

North Quarter 35, Bldg 2

M2G Ventures/Nuveen

257,117

257,117

North Quarter 35, Bldg 3

M2G Ventures/Nuveen

159,659

159,659

North Quarter 35, Bldg 1

M2G Ventures/Nuveen

119,665

119,665

North Quarter 35, Bldg 4

M2G Ventures/Nuveen

108,548

108,548

Planned Speculative (100K SF+)

Building

Developer/Owner

RBA

SF Available

Gruene Real Estate Partners/ Weber & Co

Intermodal Commerce Park, Bldg 1

671,034

671,034

114 Distribution Center

Miramar/Provident

568,858

568,858

Gruene Real Estate Partners/ Weber & Co Gruene Real Estate Partners/ Weber & Co

Intermodal Commerce Park, Bldg 2

449,796

449,796

Intermodal Commerce Park, Bldg 3

283,860

283,860

FORECAST The construction pipeline for Alliance will remain active through the rest of the year and likely into 2021. An increase in vacancy for Alliance is almost guaranteed as a result of the current construction pipeline. Longer term, the area should return to equilibrium as the majority of good developable sites are now under developer control, and a disciplined approach to future development is expected.

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

Q2 2020

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