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1 THE BAD A TLANTA I NDUSTRIAL M ARKET. 2 3 4 5.

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Presentation on theme: "1 THE BAD A TLANTA I NDUSTRIAL M ARKET. 2 3 4 5."— Presentation transcript:

1 1 THE BAD A TLANTA I NDUSTRIAL M ARKET

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7 7 THE UGLY A TLANTA I NDUSTRIAL M ARKET

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9 N ORTHEAST A TLANTA M ARKET 9

10 10 A TLANTA I NDUSTRIAL M ARKET

11 11 A TLANTA I NDUSTRIAL M ARKET

12 S OUTH A TLANTA M ARKET 12

13 13 A TLANTA I NDUSTRIAL M ARKET

14 W / F ULTON M ARKET 14

15 A TLANTA I NDUSTRIAL M ARKET N ORTHWEST A TLANTA M ARKET 15

16 16 A TLANTA I NDUSTRIAL M ARKET

17 17 THE GOOD A TLANTA I NDUSTRIAL M ARKET

18 18 NATIONAL CLASS A INDUSTRIAL CAP RATES Atlanta % Milwaukee 8.25 – 8.75% Austin 7.50 – 8.00% Minneapolis 7.50 – 8.00% Baltimore 7.25 – 7.75% Nashville 8.00 – 8.50% Charlotte 7.75 – 8.25% New Jersey 7.00 – 7.50% Chicago 6.25 – 6.75% No. California 6.90 – 7.50% Columbus 7.75 – 8.25% Orlando 7.75 – 8.25% Dallas 7.00 – 7.50% Philadelphia 7.25 – 7.75% Denver 8.50 – 8.75% San Diego 7.00 – 7.50% Harrisburg 7.50 – 8.00% Seattle 6.50 – 7.25% Houston 7.00 – 7.50% South Florida 6.75 – 7.25% Indianapolis 7.75 – 8.25% So. California 6.25 – 7.50% Kansas City 8.00 – 8.50% St. Louis 8.00 – 8.50%

19 19 10 industrial sales have closed through mid-year 2010 totaling 3.6 M SF vs. 6M SF thru mid 2009 $134M total volume down slightly year over year and 80% off 2007 peak Avg. deal size fell to $13.4M from $23M in % of deals completed in 2010 were completed in 2 nd Quarter 91% of acquisitions in 2010 have been completed by either Advisors or REITS Atlanta Industrial Market Investment Market

20 PropertyProduct TypeSq. Ft No. of Bldgs.Seller Sold DatePricePrice PSFComments 7030 Buford Highway Bulk Distribution96,1601American Realty Advisors 05/10$4,050,000$42.12Sold to Cabot Properties. One single tenant front loading bulk distribution building located in the Doraville Industrial submarket 100% leased to Beltmann thru 12/13. Sold on a 9.3% cap. Hartman IIBulk Distribution261,7991Opus Corp.04/10$10,800,000$41.25Sold to KBS Realty Advisors. One single tenant rear load distribution building located in the I-20 West submarket in Hartman Business Center. The building was 100% leased to Nexen Tire through June Constructed in 2007, 28' clear height, ESFR. Sold on a 7.75% cap rate. ADC IIIBulk Distribution406,9891Principal02/10$11,750,000$28.87Sold to KTR Property Trust. One single tenant cross-dock bulk distribution building located east of Hartsfield-Jackson Atlanta International Airport. Built in 2002, 30 clear, 402 deep, ESFR, 175 deep truck court. 100% leased to UPS Supply Chain Solutions thru 8/12, sold on a 9.32% going-in cap. 300 TerminusBulk Distribution330,0001First Industrial U/C$14,520,000$44.00Under Contract - multi tenant front load 30' clear bulk distribution building located off I-20 West in Douglas Co., 185' truck court leased through 2019, under contract at 7.45% cap. Suwanee Pointe Light Distribution231,6962Taylor & Mathis U/CLow $60's PSF Under Contract - two building multi tenant project located in Suwanee. Front load and rear load building with state of the art design, clear heights, ESFR and trailer storage. Under contract at 8% cap. 20 Atlanta Industrial Market Investment Market


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