Industrial Mid-Year Report_Q2 2019_FINAL
Industrial Insider Mid-Year Report
YEAR-TO-DATE - Mesquite
OVERALL NET ABSORPTION UNDER CONSTRUCTION 470K SF 11.2% 877K SF 1.2MSF OVERALL VACANCY COMPLETIONS
MARKET SUMMARY - Mesquite
2011
2012 2013 2014 2015 2016 2017 2018 YTD 2019
17.2
17.2
17.6
17.6
17.6
17.6
18.0
18.5
19.4
Inventory (MSF)
Overall Net Absorption (MSF)
700,928 612,735 542,836 401,271 (53,877) (177,433) 657,499 207,070 469,695
15.6% 12.0% 10.9% 8.7% 9.0% 10.1% 8.2% 10.1% 11.2%
Overall Vacancy
0
0
398,162
0
0
25,755
351,874 520,666 877,230
Completions (MSF)
0
398,162
0
0
25,755
351,874 877,230
1.9
1.2
Under Construction (MSF)
VACANCY
COMPLETIONS / NET ABSORPTIONS
HISTORICAL AVERAGE = 11.5%
NET ABSORPTION / COMPLETIONS
Historical Average = 11.5%
1.0
18.0%
16.0%
0.8
14.0%
0.6
12.0%
0.4
10.0%
Millions
8.0%
0.2
6.0%
0.0
4.0%
2011
2012
2013
2014
2015
2016
2017
2018 YTD2019
(0.2)
2.0%
0.0%
(0.4)
2011
2012
2013
2014
2015
2016
2017
2018
YTD2019
OVERALL NET ABSORPTION COMPLETIONS
OVERALL VACANCY RATE
HISTORICAL AVERAGE
Q2 2019
63
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