Industrial Mid-Year Report Q2 2020

Industrial Insider Mid-Year Report

Under Construction - Availabilities (100K SF+)

Building

Developer/Owner

RBA

SF Available

Majestic Realty/Hickman Com- panies Rob Riner Co/Crow Holdings Capital Rob Riner Co/Crow Holdings Capital

Majestic Fort Worth South, Bldg 3

400,857

400,857

Carter Distribution Center, Bldg F

391,985

391,985

Carter Distribution Center, Bldg E

293,705

293,705

Carter Logistics Center, Bldg C

Black Creek Group

250,487

250,487

Carter Logistics Center, Bldg B

Black Creek Group

231,333

231,333

Southwest Crossing Logistics Center

Industrial Realty Group

212,175

212,175

Rob Riner Co/Crow Holdings Capital Rob Riner Co/Crow Holdings Capital Majestic Realty/Hickman Com- panies

Carter Distribution Center, Bldg D1

186,577

186,577

Carter Distribution Center, Bldg D2

186,577

186,577

Majestic Fort Worth South, Bldg 2

88,637

88,637

Carter Logistics Center, Bldg A

Black Creek Group

87,667

87,667

Planned Speculative (100K SF+)

Building

Developer/Owner

RBA

SF Available

South FW I-35 Logistics Center, Bldg 3

Ascendant Commercial

858,420

858,420

Fort Worth Logistics Hub, Bldg 1

VanTrust

670,914

670,914

Fort Worth Logistics Hub, Bldg 2

VanTrust

606,480

606,480

46 Ranch Logistics Park, The Dude

Jackson-Shaw

249,479

249,479

46 Ranch Logistics Park, Walter

Jackson-Shaw

158,750

158,750

46 Ranch Logistics Park, Donny

Jackson-Shaw

154,440

154,440

FORECAST Looking ahead for South Fort Worth, vacancy will increase as the submarket is set to deliver about 93% (2.8 MSF) of the 3 MSF of new supply under construction by year-end. Just over 75% (2.1 MSF) of the 2.8 MSF set do deliver by year-end is speculative product with no pre-leasing. Construction activi- ty will remain record high with deliveries reaching nearly twice the amount of new supply the submar- ket has seen over the last ten years combined and an additional 3.6 MSF worth of planned projects expected to break ground before year-end. Clarion and Crow Holdings Capital will add significantly to the submarket’s inventory as they begin to develop Carter Park East, a 550-acre site that is expected to accommodate 7 MSF at full build-out.

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

Q2 2020

99