Industrial Mid-Year Report Q2 2020

Cushman &Wakefield Dallas/Fort Worth

75

380

North Dallas/Metropolitan LITTLE ELM 380

TH

FRISCO

OBSERVATIONS & TRENDS ALLEN

HLAND LLAGE

75

• Infill submarket with inventory consisting of mostly of pre-2000 construction stock and typically appealing to tenants seeking office/showroom or shallow bay distribution • Tenant base is predominately local and regional credit tenants who desire access to the heavily populated North Dallas suburbs • Last-mile delivery has become one of the submarket’s main demand drivers during the current cycle MURPHY 30

PLANO

35E

121

ADDISON

RICHARDSON

CARROLLTON

NORTH DALLAS/ METROPOLITAN

35E

121

75

NE

635

FARMERS BRANCH

114

635

635

114

12

12

HIGHLAND PARK

35E

30

183

IRVING

75

DALLAS

80

60

30

GRAND PRAIRIE

12

35E

MARKET SUMMARY

FORNEY

45

12

175

20

BALCH SPRINGS

12

20

2012 2013 2014 2015 2016 2017 2018 2019 YTD 2020 HUTCHINS 175

20

67

35E

DUNCANVILLE

19.2

19.2

19.2

19.2

19.2

19.2

19.2

19.1

19.0

Inventory (MSF)

45

Overall Net Absorption (MSF) DESOTO

377,001 300,709 440,554 204,740 75,510 123,247 (441,725) 542,037 190,872 LANCASTER

WILMER

67

35E

10.8% 9.2% 6.9% 5.9% 5.5% 4.9% 6.9% 3.9% 3.1%

Overall Vacancy

0

0

0

0

0

0

0

0

0

Completions (MSF)

Under Construction (MSF)

0

0

0

0

0

0

0

0

0

70 Q2 2020