GLP Park 121_Presentation_February 2019

COMPARABLE DEALS

Trans Date Submarket Building Name / Project

Free (Mos)

Starting Rent

Effective Rate

TI Allowance

Building Address

Tenant

Landlord

Leased SF RBA (SF) Deal Type Term (Mos)

Comments

Design

Dec-18 Mountain Creek

First Mountain Creek Mountain Creek Pky & I-20, Dallas

HD Supply

First Industrial

863,328 863,328

BTS

180

0 $3.43

$3.96 +/- $6.50

• 2% bumps

Cross Dock

Dec-18 Valwood Valwood Crossroads Building A

1010 Luna Rd, Carrollton

Steelcase

Core5

336,960 336,960 New Lease

84

0 $4.50 $4.93 $4.00

• 3% bumps

Cross Dock

Dec-18 Valwood Valwood Crossroads Building B

1020 Luna Rd, Carrollton

Steelcase

Core5

280,860 280,860 New Lease

84

0 $4.50 $4.93 $4.00

• 3% bumps

Rear Load

• TI included $1M lease takeover on current 299k SF at Railhead, 2.5% bumops

Oct-18 North Fort

1101 W I-35 W, Fort Worth

Dematic

Ironwood/TCRG 707,000 707,000

BTS

60

0 $3.65

$3.84 $5.00

Cross Dock

Worth Synergy Crossing

Sep-18

GSW CentrePort 4

14601 Sovereign Rd, Fort Worth

Cintas

GLP

261,818

494,518 New Lease

126

6 $4.86

$5.19 $11.75

• 2.5% bumps

Cross Dock

• Base rent based off 5.7% YOC of $110 psf, expandable to 375K SF, incentives include $1.7M from city, $1.1M from state & $500k from county, 2.5% bumps

Jul-18 South Dallas Vistaprint BTS

9900 Bonnie View Rd, Dallas

Vistaprint

Becknell

201,010 201,010

BTS

183

3

$5.99

$7.04 BTS

Cross Dock

Jun-18 DFW Airport Lakeside 1

1001 Lakeside Pky, Flower Mound

PPG Industries

Duke

449,200 634,200

BTS

122

2

$3.35

$3.69 $4.50

• BTS for PPG - +/- 185k sf available for lease, 2.5% bumps

Cross Dock

• Toyota Motor Sales / 5,000 sf office & 6,000 sf showroom / Tenant putting additional $15 TI into space, 2.5% bumps

May-18 Far North / I-35

121 Riverview Crossing 1825 Midway Rd, Lewisville

Toyota

ML Realty

121,188

121,188 New Lease

93

9

$5.82

$5.67 $7.67

Rear Load

• First 18 mos at $2.52 effective, 100% HVAC, 20k sf office - 10k sf is mezz (outside NRA), 2% bumps

Apr-18

GSW Cooper I-20 Building B

1111 W Bardin Rd, Arlington

Rent the Runway Barings/Langford 319,886 420,000 New Lease

144

0 $5.29

$5.41

$17.50

Cross Dock

Parrish Hare Electric Supply

Jackson Shaw/ Clarion

Feb-18

GSW Parc GSW Building B

4921 Conflans Rd, Irving

232,151

232,151

New Lease

189

9 $3.80 $4.17 $6.50

• New construction with 161 frontage, 2% bumps

Front Load

Jan-18 DFW Airport Majestic DFW Airport Building 6

2701 S Valley Pky, Lewisville

VIRA Insight

Majestic

329,060 329,060 New Lease

124

4 $4.94 $5.36 $9.00

• 2.5% bumps

Cross Dock

• 6.15% YOC / Temp controlled to maintain 57 degrees Fahrenheit / Expandable to 1 MSF, 2% bumps

Sep-17 South Dallas Midpoint Logistics Center - Building 2

3701 N Dallas Ave, Lancaster

Lindt

Panattoni/MetLife 709,280 709,280

BTS

120

0 $4.25

$4.60 BTS

Cross Dock

Crow Holdings Industrial

Jul-17

GSW Wildlife 6

2401 N Belt Line Rd, Grand Prairie

GE Appliance

702,000 702,000

BTS

120

0 $3.60 $3.99 $7.00-$8.00

• Heavy trailer parking/storage / 210' truck court mandatory, 2.25% bumps Cross Dock

• TI from shell / First month at $1.19 NNN, 3yrs at $5.10, 2yrs at $5.41, 2yrs at $5.68

Jan-17 DFW Airport Majestic Airport

Tri Mark USA

Majestic

249,500 249,500 New Lease

85

0 $5.10

$5.31

$12.00

Rear Load

Centre - Bulding 4 2801 S Valley Pky, Lewisville

CUSHMAN & WAKEFIELD 25