Industrial Mid-Year Report_Q2 2019_FINAL
FRISCO
Cushman &Wakefield Dallas/Fort Worth
ALLEN
LAND AGE
75
PLANO
Brookhollow/Trinity 121
35E
MURPHY
ADDISON
OBSERVATIONS & TRENDS
RICHARDSON
CARROLLTON
35E
121
75
• Most of the Brookhollow/Trinity’s building stock was built several cycles ago and struggles to meet modern day supply chain and distribution demands • Demand in this submarket is driven by companies with smaller operations and/or local, last mile fulfillment and distribution • The majority of the submarket’s tenant base occupies smaller spaces – current availabilities consist of only 2 spaces over 100,000 SF • This infill submarket is primarily built-out and new supply isn’t likely until vacancy increases and developers can make sense of redeveloping old product FORNEY 30 30 80
635
FARMERS BRANCH
114
635
635
114
12
12
HIGHLAND PARK
35E
183
BROOKHOLLOW/ TRINITY
IRVING
75
DALLAS
30
GRAND PRAIRIE
12
35E
45
12
175
20
BALCH SPRINGS
12
20
20
HUTCHINS
67
35E
175
DUNCANVILLE
MARKET SUMMARY
45
DESOTO
LANCASTER
2011
2012 2013 2014 2015 2016 2017 2018 YTD 2019 WILMER
67
35E
47.9
47.9
47.9
48.3
48.3
48.3
48.3
48.8
49.2
Inventory (MSF)
Overall Net Absorption (MSF)
398,419 137,953 245,991
1.2
572,730 532,986 64,042 20,578 (308,273)
7.3% 7.0% 6.6% 4.7% 3.5% 2.4% 2.2% 2.1% 2.6%
Overall Vacancy
21,400
0
34,400 353,161
0
0
0
0
0
Completions (MSF)
Under Construction (MSF)
0
139,561 185,161
0
0
0
0
0
0
42 Q2 2019
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