Industrial Mid-Year Report_Q2 2019_FINAL
Cushman &Wakefield Dallas/Fort Worth
75
380
North Dallas/Metropolitan LITTLE ELM 380
H
FRISCO
OBSERVATIONS & TRENDS ALLEN
LAND
75
LAGE
• Inventory consists mostly of pre-2000 construction stock and typically appeals to tenants seeking office/showroom or shallow bay distribution • Infill submarket that was largely built out prior to the current cycle and is transitioning to higher finish product although most projects are land constrained • Tenant base is predominately local and regional credit tenants who desire access to the heavily populated North Dallas suburbs MURPHY 30
PLANO
35E
121
ADDISON
RICHARDSON
CARROLLTON
NORTH DALLAS/ METROPOLITAN
35E
121
75
E
635
FARMERS BRANCH
114
635
635
114
• Last-mile delivery location drives demand
12
12
HIGHLAND PARK
35E
• Staton Wholesale renewed their lease in 200,042 SF at 4552 Simonton Road 30
183
IRVING
75
DALLAS
80
0
30
MARKET SUMMARY
GRAND PRAIRIE
12
35E
FORNEY
45
12
175
20
2011
2012 2013 2014 2015 2016 2017 2018 YTD 2019 BALCH SPRINGS
12
20
20
HUTCHINS
19.2
19.2
19.2
19.2 175
19.2
19.2
19.2
19.2
19.2
67
35E
Inventory (MSF) DUNCANVILLE
Overall Net Absorption (MSF)
121,947 377,001 300,709 440,554 204,740 75,510 123,247 (441,725) (67,187) 45
DESOTO
LANCASTER
12.7% 10.8% 9.2% 6.9% 5.9% 5.5% 4.9% 6.9% 7.2% WILMER
Overall Vacancy
67
35E
0
0
0
0
0
0
0
0
0
Completions (MSF)
Under Construction (MSF)
0
0
0
0
0
0
0
0
0
74 Q2 2019
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