Industrial Mid-Year Report_Q2 2019_FINAL
Cushman &Wakefield Dallas/Fort Worth
75
380
DENTON
380
35
35E
LITTLE ELM
380
CORINTH
35W
South Fort Worth PLANO ALLEN FRISCO HIGHLAND VILLAGE 75
287
35E
121
FLOWER MOUND
114
MURPHY
ROANOKE
114
ADDISON
OBSERVATIONS & TRENDS RICHARDSON
SOUTHLAKE
CARROLLTON
35W
35E
121
75
GRAPEVINE
287
635
30
FARMERS BRANCH
114
KELLER
635
• Area is characterized by mature product and manufacturing uses • Several developers have acquired sites for new warehouse/distribution projects • Available land and location at the intersection of I-20 and I-35 W are driving development, as well as access to blue-collar labor HUTCHINS BALCH SPRINGS FORNEY 20 45 20 30 635 12 12 75 80 175 175 –– TA Associates and Frontier Equity’s speculative 4 building development totaling nearly 500K SF at the NWC of I-35 W and Everman Pky delivered during the first quarter –– Hunt Southwest delivered DFW ColdSpot, a 300K SF speculative freezer/cold storage/food processing warehouse at 8600 Will Rogers Blvd 45 SELECT NEW DEVELOPMENTS LANCASTER WILMER
NORTH RICHLAND HILLS
360
COLLEYVILLE
114
121
12
BEDFORD
SAGINAW
HIGHLAND PARK
EULESS
35E
199
183
183
HALTOM CITY
IRVING
820
820
35W
DALLAS
121
360
30
30
WHITE SETTLEMENT
GRAND PRAIRIE
ARLINGTON
12
FORT WORTH
35E
30
20
30
820
287
12
20
820
20
20
67
35E
20
DUNCANVILLE
BENBROOK
FOREST HILL
287
377
360
35W
DESOTO
SOUTH FORT WORTH
MANSFIELD
67
35E
MARKET SUMMARY
2011
2012 2013 2014 2015 2016 2017 2018 YTD 2019
26.2
26.2
26.2
26.2
26.3
26.4
26.9
27.2
27.9
Inventory
Overall Net Absorption (MSF)
(166,093) (31,163)
1.1
(784,487) 14,182 959,828
-1.2
1.1
(3,000)
5.8% 5.9% 2.0% 5.0% 5.3% 1.9% 8.1% 4.8% 6.8%
Overall Vacancy
33,610
0
56,097
0
95,550
78,419 488,564 308,061 754,585
Completions (MSF)
Under Construction (MSF)
0
56,097
0
58,450
58,419
0
308,061 754,585
0
96 Q2 2019
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