MARKETBEAT GRAPHS - Cushman & Wakefield€¦ · 10. 20. 30. 40. 50. 60. 2016. 2017. 2018. 2019....

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MARKETBEAT GRAPHSQ4 2019

Office Market Slide 2

Industrial Market Slide 10

Retail Market Slide 21

MarketBeat GraphsQ4 2019

Office Market GraphsQ4 2019

Source: Cushman & Wakefield Research

10

20

30

40

50

60

2016 2017 2018 2019

Milli

ons

Net Absorption, SF Construction Completions, SF

SPACE DEMAND / DELIVERIES OFFICE

OVERALL VACANCY & ASKING RENTOFFICE

12.6%

12.8%

13.0%

13.2%

13.4%

$26

$28

$30

$32

$34

2016 2017 2018 2019

Asking Rent, $ PSF Vacancy Rate

Source: Cushman & Wakefield Research

SPACE UNDER CONSTRUCTIONOFFICE

20

60

100

140

2016 2017 2018 2019

MSF

Average = 109 MSF

Source: Cushman & Wakefield Research

OFFICE: ASKING RENT BY MARKETHIGHEST PRICED U.S. MARKETS

$82.

39

$76.

80

$75.

73

$65.

67

$62.

70

$55.

59

$49.

82

$44.

25

$41.

79

$40.

63

$39.

68

$39.

36

$39.

27

$39.

21

$39.

10

$38.

68

$0

$30

$60

$90

$ PS

F National Average = $33.14

Source: Cushman & Wakefield Research

OFFICE: VACANCY BY MARKETSELECT MARKETS IN THE U.S.

5.4%

5.5%

7.2% 7.

8% 8.2%

8.3% 8.5%

8.5% 9.

0%

9.1%

9.1% 9.5% 9.7%

9.8%

10.1

%

2%

6%

10%

14% National Average 13.0%

Industrial Market GraphsQ4 2019

Source: Cushman & Wakefield Research

0

50

100

150

200

250

300

350

2016 2017 2018 2019

Milli

ons

Net Absorption, SF Construction Completions, SF

SPACE DEMAND / DELIVERIES INDUSTRIAL

Source: Cushman & Wakefield Research

4.0%

4.5%

5.0%

5.5%

6.0%

6.5%

$5.00

$5.40

$5.80

$6.20

$6.60

2016 2017 2018 2019

Asking Rent, $ PSF/NNN Vacancy Rate

OVERALL VACANCY & ASKING RENTINDUSTRIAL

VACANCY FIXED NEAR HISTORIC LOWSINDUSTRIAL

0%

1%

2%

3%

4%

5%

6%

7%

SPEC SPACE PICKING UPINDUSTRIAL

0

5

10

15

20

25

30

Build-to-Suit Under Construction (MSF) Speculative Under Construction (MSF)

SOLID GROWTH AHEADINDUSTRIAL

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

0

50

100

150

200

250

300

2016 2017 2018 2019 2020F

Net Absorption (msf) Completions (msf) Vacancy

Retail Market GraphsQ4 2019

Source: Cushman & Wakefield Research

0

5

10

15

20

25

30

35

40

2016 2017 2018 2019

Milli

ons

Net Absorption, SF Construction Completions, SF

SPACE DEMAND / DELIVERIES RETAIL

Source: Cushman & Wakefield Research

5.5%

6.0%

6.5%

7.0%

7.5%

8.0%

$15.00

$15.50

$16.00

$16.50

$17.00

$17.50

2016 2017 2018 2019

Asking Rent, $ PSF/NNN Vacancy Rate

OVERALL VACANCY & ASKING RENTRETAIL

Source: CoStar, Cushman & Wakefield Research

AVAILABILITY BY TYPERETAIL

68%2%

17%

13%

Neighborhood & Community

Lifestyle

Power & Regional

Strip

2020 Cushman & Wakefield.

The material in this presentation has been prepared solely for information purposes, and is strictly confidential. Any disclosure, use, copying or circulation of this presentation (or the information contained within it) is strictly prohibited, unless you have obtained Cushman & Wakefield’s prior written consent. The views expressed in this presentation are the views of the author and do not necessarily reflect the views of Cushman & Wakefield. Neither this presentation nor any part of it shall form the basis of, or be relied upon in connection with any offer, or act as an inducement to enter into any contract or commitment whatsoever. no representation or warranty is given, express or implied, as to the accuracy of the information contained within THIS PRESENTATION, and Cushman & Wakefield is under no obligation to subsequently correct it in the event of errors.

MARKETBEAT GRAPHSQ4 2019