1. MARKETBEAT
INDUSTRIAL
MARKET STATISTICS
UNITED STATES
A Cushman & Wakefield Research Publication Q3 2012
Overall Vacancy Rates - Q3 2012
SWFL (Naples, FL)* 3.6%
Lakeland, FL 4.3%
Greater Los Angeles 4.5%
Orange County, CA 5.2%
St. Petersburg/Clearwater, FL 6.1%
Philadelphia, PA 6.2%
Kansas City, MO*
City MO 6.5%
6 5%
Indianapolis, IN* 6.6%
Denver, CO 6.7%
Louisville, KY* 6.7%
Miami, FL 6.9%
Providence, RI* 7.0%
Hampton Roads, VA* 7.2%
San Francisco Peninsula, CA 7.2%
Milwaukee, WI* 7.2%
Oakland, CA 7.3%
Oklahoma City, OK* 7.3%
Portland,
Portland OR 7.3%
7 3%
Tampa, FL 7.3%
Inland Empire CA 7.4%
Houston, TX 7.4%
Palm Beach, FL 7.7%
Seattle, WA* 7.8%
Charleston, SC* 7.8%
Knoxville, TN* 7.9%
New Jersey - Central 8.1%
Ft. Lauderdale, FL 8.2%
National U.S. (CW Markets) 8.5%
Cleveland, OH*
Cl l d 8.6%
8 6%
Pittsburgh, PA* 9.0%
Chicago, IL 9.0%
Greenville, SC* 9.0%
SWFL (Fort Myers, FL)* 9.1%
Columbus, OH* 9.3%
Salt Lake City, UT* 9.4%
St. Louis, MO* 9.4%
Baltimore, MD 9.4%
Syracuse, NY* 9.5%
Tulsa, OK* 9.6%
New Jersey - Northern 9.7%
San Diego, CA 9.7%
Nashville, TN* 9.8%
Raleigh/Durham, NC* 9.8%
Pennsylvania I-81/I-78 Dist.… 9.9%
Atlanta, GA 9.9%
North Bay, CA 10.0%
Cincinnati, OH* 10.1%
Silicon Valley, CA 10.2%
Richmond, VA* 10.2%
Rochester, NY* 10.3%
Dallas/Ft. Worth TX 10.6%
Buffalo, NY* 10.8%
Jacksonville, FL 11.0%
Austin, TX* 11.1%
Roanoke, VA* 11.2%
Binghamton, NY* 11.3%
Hartford, CT 11.5%
Tucson, AZ* 11.6%
San Antonio, TX* 11.6%
Orlando, FL 11.8%
Charlotte, NC* 11.8%
Long Island NY 12.0%
Phoenix, AZ 12.1%
Suburban MD 12.2%
Savannah, GA* 12.4%
Bellevue, WA* 12.6%
Contra Costa, CA 12.8%
Stockton/Tracy, CA 13.1%
Detroit, MI* 13.3%
Sacramento, CA 13.6%
Northern VA 14.3%
Las Vegas, NV NV* 14.7%
Memphis, TN* 14.8%
Minneapolis, MN 15.0%
Birmingham, AL* 15.9%
Fredericksburg, VA* 18.1%
Boston, MA 18.6%
0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 20.0%
*C&W Alliance Market

2. MARKETBEAT
INDUSTRIAL
MARKET STATISTICS
UNITED STATES
A Cushman & Wakefield Research Publication Q3 2012
Direct Net Asking Rental Rates - Q3 2012
Silicon Valley, CA $12.92
San Francisco Peninsula, CA $12.63
Bellevue, WA* $10.49
San Diego, CA $10.44
Northern VA $9.93
Suburban MD $8.96
Orange County, CA $8.05
Contra Costa, CA $7.68
Providence, RI* $7.62
Pittsburgh, PA* $7.56
Kansas City, MO* $7.32
North Bay, CA $7.22
Long Island NY $7.11
Phoenix, AZ $7.08
Palm Beach, FL $6.96
Austin, TX* $6.96
Ft. Lauderdale, FL $6.57
SWFL (N l
SWF (Naples, FL)* F )* $6.55
Greater Los Angeles $6.48
Tucson, AZ* $6.22
New Jersey - Northern $6.08
Las Vegas, NV* $6.00
St. Petersburg/Clearwater, FL $5.93
Portland, OR $5.82
Denver, CO $5.78
Boston, MA $5.78
National U.S.(CW Markets) $5.68
Oakland, CA $5.63
Seattle, WA
Seattle WA* $5.37
$5 37
Miami, FL $5.36
Orlando, FL $5.35
Hampton Roads, VA* $5.35
New Jersey - Central $5.34
Tampa, FL $5.30
San Antonio, TX* $5.29
Fredericksburg, VA* $5.14
Tulsa, OK* $5.13
Salt Lake City, UT* $5.09
Raleigh/Durham, NC* $5.09
Baltimore, MD $5.02
Philadelphia, PA $4.88
Houston, TX $4.76
Detroit, MI* $4.56
Inland Empire CA $4.54
Lakeland, FL $4.48
Hartford, CT $4.46
Roanoke, VA* $4.42
Charleston, SC* $4.41
Minneapolis, MN $4.40
Columbus, OH* $4.40
Binghamton, NY* $4.36
Oklahoma City, OK*
City $4.35
$4 35
SWFL (Fort Myers, FL)* $4.34
Sacramento, CA $4.32
Richmond, VA* $4.28
Dallas/Ft. Worth TX $4.25
Rochester, NY* $4.24
Buffalo, NY* $4.18
Milwaukee, WI* $4.13
Chicago, IL $4.10
Birmingham, AL* $3.92
Knoxville, TN* $3.83
St. Louis, MO*
, $3.80
$3 80
Pennsylvania I-81/I-78 Dist.… $3.80
Jacksonville, FL $3.80
Charlotte, NC* $3.77
Savannah, GA* $3.76
Cleveland, OH* $3.72
Atlanta, GA $3.69
Nashville, TN* $3.65
Syracuse, NY* $3.64
Indianapolis, IN* $3.64
Stockton/Tracy, CA $3.48
Louisville, KY* $3.39
Cincinnati, OH* $3.31
Greenville, SC* $3.11
Memphis, TN* $2.54
$0.00 $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 $14.00
($psf/yr) NNN
*C&W Alliance Market

3. MARKETBEAT
INDUSTRIAL
MARKET STATISTICS
UNITED STATES
A Cushman & Wakefield Research Publication Q3 2012
Leasing Activity
Year-to-Date 2012
Greater Los Angeles 28.32
Chicago, IL 25.31
Inland Empire CA 20.05
Dallas/Ft. Worth TX 15.08
Houston, TX 13.42
Atlanta, GA
, 13.22
Silicon Valley, CA 10.62
San Diego, CA 10.31
Phoenix, AZ 9.96
New Jersey - Central 9.11
Orange County, CA 8.50
Denver, CO 8.35
Pennsylvania I-81/I-78 Dist.… 7.84
Greenville, SC* 5.33
New Jersey - Northern 5.29
Seattle, WA* 5.27
Indianapolis, IN* 5.17
Nashville, TN* 5.03
Boston, MA 4.86
Memphis, TN* 4.86
Oakland, CA 4.82
Columbus, OH* 4.42
Philadelphia, PA 4.35
Baltimore, MD 4.05
St. Louis, MO* 3.94
Cincinnati, OH* 3.82
Kansas City, MO* 3.74
Sacramento, CA 3.70
Salt Lake City, UT* 3.43
Orlando, FL 3.23
Charlotte, NC* 3.11
Louisville, KY* 2.89
Portland, OR 2.70
Tampa, FL 2.65
Miami, FL 2.65
Las Vegas, NV* 2.57
San Francisco Peninsula, CA 2.28
Cleveland, OH* 2.21
Milwaukee, WI* 2.05
Stockton/Tracy, CA 2.03
Hampton Roads, VA* 2.03
Long Island NY 1.98
Pittsburgh, PA* 1.89
Ft. Lauderdale, FL 1.73
Richmond, VA* 1.72
North Bay, CA 1.72
Jacksonville, FL 1.58
Hartford, CT 1.56
Bellevue, WA* 1.43
Contra Costa, CA 1.40
San Antonio, TX* 1.38
Northern VA 1.32
Raleigh/Durham, NC* 1.18
Palm Beach, FL 1.14
Suburban MD 1.13
Tulsa, OK* 0.96
Charleston, SC* 0.88
Roanoke, VA* 0.79
Knoxville, TN* 0.76
Tucson, AZ* 0.75
Birmingham, AL* 0.69
Syracuse, NY* 0.63
St. Petersburg/Clearwater, FL 0.59
Lakeland, FL 0.57
Savannah, GA* 0.56
SWFL (Fort Myers, FL)* 0.50
Rochester, NY* 0.28
Binghamton, NY* 0.24
Providence, RI* 0.20
Fredericksburg, VA* 0.19
SWFL (Naples, FL)* 0.18
0.00 5.00 10.00 15.00 20.00 25.00 30.00
Million Square Feet
If a market is not listed in the graph, then no activity was reported in 2012.
*C&W Alliance Market

4. MARKETBEAT
INDUSTRIAL
MARKET STATISTICS
UNITED STATES
A Cushman & Wakefield Research Publication Q3 2012
Construction Completions
Year-to-Date 2012
Inland Empire CA 6.49
Chicago, IL 2.97
Houston, TX 2.89
Pennsylvania I-81/I-78 Dist. Corridor 2.79
Salt Lake City, UT* 1.38
Richmond, VA* 1.22
Greater Los Angeles 1.13
Atlanta, GA 1.12
Greenville, SC* 0.98
Milwaukee, WI* 0.98
Memphis, TN* 0.88
Charlotte, NC* 0.71
New Jersey - Northern 0.63
New Jersey - Central 0.56
Denver, CO 0.51
Indianapolis, IN* 0.51
Dallas/Ft. Worth TX 0.50
Phoenix, AZ 0.45
Kansas City, MO* 0.41
Long Island NY 0.40
Cleveland, OH* 0.40
Lakeland, FL 0.36
Portland, OR 0.36
Northern VA 0.35
Boston, MA 0.35
Hampton Roads, VA* 0.28
Savannah, GA* 0.28
Louisville, KY* 0.25
Pittsburgh, PA* 0.24
Sacramento, CA 0.20
Miami, FL 0.19
Oklahoma City, OK* 0.18
San Antonio, TX* 0.15
Syracuse, NY* 0.13
Tucson, AZ* 0.12
Rochester, NY* 0.12
North Bay, CA 0.11
Bellevue, WA* 0.08
Orlando, FL 0.08
Suburban MD 0.07
Raleigh/Durham, NC* 0.05
Hartford, CT 0.04
Silicon Valley, CA 0.03
Nashville, TN* 0.03
St. Petersburg/Clearwater, FL 0.00
Tampa, FL
T 0.02
Charleston, SC* 0.01
0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00
Million Square Feet
If a market is not listed in the graph, then no activity was reported in 2012.
*C&W Alliance Market

5. MARKETBEAT
INDUSTRIAL
MARKET STATISTICS
UNITED STATES
A Cushman & Wakefield Research Publication Q3 2012
Projects Under Construction
Third Quarter 2012
Inland Empire CA 7.60
Pennsylvania I-81/I-78 Dist.… 5.85
Chicago, IL 4.12
Dallas/Ft. W th
D ll /Ft Worth TX 3.22
3 22
Kansas City, MO* 2.68
Atlanta, GA 2.30
Memphis, TN* 2.25
Indianapolis, IN* 2.24
Nashville, TN* 2.20
Houston, TX 2.17
Greater Los Angeles 2.06
Seattle, WA* 1.66
Richmond, VA* 1.45
Phoenix, AZ 1.44
Philadelphia, PA 1.35
Baltimore, MD 1.29
Cleveland, OH* 1.26
Louisville, KY* 1.15
New Jersey - Central 1.09
Miami, FL 1.03
Milwaukee, WI* 0.97
Savannah, GA* 0.85
Denver, CO 0.68
Charlotte, NC* 0.63
Lakeland, FL 0.60
Cincinnati, OH* 0.55
San Diego, CA
g , 0.53
Bellevue, WA* 0.50
San Francisco Peninsula, CA 0.50
San Antonio, TX* 0.45
Silicon Valley, CA 0.43
Detroit, MI* 0.42
Tulsa, OK* 0.37
Ft. Lauderdale, FL 0.35
Portland,
Portland OR 0.35
0 35
Orlando, FL 0.24
New Jersey - Northern 0.22
Hartford, CT 0.22
Providence, RI 0.20
Long Island NY 0.20
Charleston, SC* 0.20
Salt Lake City, UT* 0.18
Boston, MA 0.17
Suburban MD 0.17
Pittsburgh, PA* 0.16
Rochester, NY* 0.13
Tucson, AZ* 0.10
Sacramento, CA 0.07
Northern VA 0.05
Tampa, FL 0.03
Orange County, CA 0.03
Hampton Roads, VA* 0.02
0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00
Million Square Feet
If a market is not listed in the graph, then no activity was reported in 2012.
*C&W Alliance Market