NEW SUPPLY, ABSORPTION AND VACANCY RATES

SUBMARKET REPORTATLANTA

www.colliers.com/atlanta

MARKET INDICATORS

Q1 2012 | I-20W/FULTON INDUSTRIAL

I-20

West/

Fulton Ind

TRENDS & HIGHLIGHTS

8%9%10%11%12%13%14%15%16%17%

(300,000)(200,000)(100,000)

0100,000200,000300,000400,000500,000600,000

1Q11 2Q11 3Q11 4Q11 1Q12

Absorption Deliveries Vacancy

Total SF 90,981,645

Vacancy Rate 14.6%

YTD Net Absorption 253,432

YTD Deliveries 0

Under Construction 0

Avg. Warehouse Rate $2.92 NNN

UPDATE Recent Transactions in the Market

SALES ACTIVITY

PROPERTY ADDRESS SALE PRICE SIZE SF PRICE / SF BUYER

747 Douglas Hill Rd. $40,000,000 913,000 $43.81 LaSalle Investment Mgmt4785 Fulton Industrial Blvd. $5,125,000 342,400 $14.97 Waste Pro USA800 Wharton Dr. $1,371,316 59,878 $22.90 Duff y Box & Recycling345 Patton Dr. $1,250,000 69,126 $18.08 M&F Business Corp.

LEASING ACTIVITY

TENANT PROPERTY ADDRESS SIZE SF TYPE

New Breed Logistics 5400 Fulton Industrial Blvd. 448,448 Warehouse Lease

Allied Aerofoam 605 Selig Dr. 170,000 Warehouse Lease

Victory Packaging 6047 Fulton Industrial Blvd. 128,000 Distribution Lease

EXPOPLUS Inc. 1055 Research Ctr. Atl. Dr. 65,280 Distribution Renewal

• The I-20 West/Fulton Industrial submarket continues to show improvement in fi lling vacant space. First quarter absorption totaled just under 250,000 square feet which resulted in the overall vacancy rate for the submarket dropping for the third consecutive quarter.

• Despite a plethora of obsolete industrial space, demand in I-20 West/Fulton Industrial is maintaining a steady course; mostly from smaller space users. The submarket’s location is ideal to companies seeking close proximity to rail, interstate and airport access.

• Construction should begin on IDI’s 650,000 square foot spec industrial building soon. This will be the largest spec industrial building since 2008. Given the updated features off ered by the new building, it will be a matter of time before it is 100% leased.

Squa

re F

eet

Q1 2012Projected

Q2 2012

VACANCY

NET ABSORPTION

CONSTRUCTION —

RENTAL RATE

Source: CoStar Property, Colliers Research

UNITED STATES:

Colliers InternationalTwo Midtown Plaza | Suite 11001349 West Peachtree Street, NEAtlanta, Georgia, 30309TEL +1 404 888 9000FAX +1 404 870 2845

COLLIERS INTERNATIONAL

ATLANTA INDUSTRIAL SPECIALISTS:

www.colliers.com/atlanta

Accelerating success.Accelerating success.

COLLIERS INTERNATIONAL I-20 WEST/FULTON INDUSTRIAL LISTINGS

FOR SALE

# PROPERTY SF AVAIL. BROKER(S)

6 6355 Boat Roack Blvd. 296,290 Scott Plomgren

9 100 Doris Williams Industrial 90,000 Chris Cummings / Sean Boswell

10 5125 Fulton Industrial Blvd. 149,386 Chris Cummings / Sean Boswell

HamiltonE. Holmes

strial B

lvd

Cascade Rd

Frwy

CampbelltonRd

Cam

p C

reek

Pkw

y

New Hope Rd

Melvin Dr

Chi

ldre

ss D

r

Panther Trail

Kim

berly

Rd

Danforth Rd

Riverside

Dr

Fulton In

dustrial B

lvd

Boulder Park Dr

Benjamin E Mays Dr

S Gordon Rd

Old Alabama Rd

Mableton Pkwy

Pisgah RdOld Alabama Rd

Fontaine RdClay Rd

Jam

es R

d

Bankhead Hwy

Queen

s Mill

Rd

Bankhead

Oakdale Rd

Summerfield DrJam

es JacksonPkw

y

Hillcrest Dr

Bolto

n Rd

B

Hollyw

ood Rd

Cascade Rd

RiversidePkwy

Boat Rock Blvd

La G

rang

e B

lvd

Andrews Dr

MLK

Jr D

Rivers

ide

PkwyFac

toryShoals Rd

Douglas Hill Rd

White Rd

Six Flags Rd

Six Flags DriveBlair Bridge

Rd

S Gordon Rd

Six FlagsRd

Fairb

urn

Rd

Collier Dr

Bakers FerryRd

JohnsonFerry Rd

Peyt

on Rd

Northwest

Dr

Cooper L

ake

Rd

Rock House Rd

Cam

p Creek

Fai rb

urn

Rd

Pkwy

Hwy

SouthwestHospital

Six FlagsOver Georgia

Fulton CountyAirport -Brown Field

CascadedecccadCaCa deaHeightsHe ghtstsHHeeHeHeH tsHee

Chattah

oochee

River

CascadeSprgs NaturePreserve

SandtownPark

MelvinDrivePark

TrammellCrow Park

NickajackPark

WilsonMill Park

Alfred TopHolmes Golf

Course

WallacePark

Park

WhittierMill Park

FULTONCOUNTY

DOUGLASCOUNTY

1

2

3

4

5

6

7

8

9

10

11

12

13

FOR LEASE

# PROPERTY SF AVAIL. BROKER(S)

1 120 Interstate West Pkwy. 14,400 Sean Boswell / Chris Cummings

2 780 Douglas Hill Rd. 107,000-215,025 Sean Boswell / Lee Cardwell

3 9000 Riverside Pkwy. 259,954-542,491 Scott Plomgren / Price Weaver / Sean Boswell

4 6215 Fulton Industrial Blvd. 15,824 Scott Plomgren

5 7705 Staples Dr. 585,000 Sean Boswell / Scott Plomgren

6 6355 Boat Rock Blvd. 296,260 Scott Plomgren

7 5000 Westpark Dr. 32,784 Scott Plomgren

8 4530 Patton Dr. 16,000-26,000 Scott Plomgren

9 100 Doris Williams Industrial 90,000 Chris Cummings / Sean Boswell

10 5125 Fulton Industrial Blvd. 149,386 Chris Cummings / Sean Boswell

11 6070 Fulton Industrial Blvd. 227,600 Scott Plomgren / Price Weaver / Sean Boswell

12 777 Douglas Hill Rd. 217,603 Scott Plomgren / Price Weaver / Sean Boswell

13 5320 Fulton Industrial Blvd. 30,135 Scott Plomgren / Price Weaver / Sean Boswell

14 6150 Lagrange Blvd. 70,501 Scott Plomgren / Price Weaver / Sean Boswell

15 757-767 Douglas Hill Rd. 295,768-342,217 Scott Plomgren / Price Weaver / Sean Boswell

14

15

Marty Arnold Scott Plomgren

Douglas Biggs Darren Ross

Sean Boswell Henry Sawyer

Bill Buist Ryan Sawyer

Lee Cardwell Mike Spears

Chris Cummings Rick Vaughn

Ben Logue Price Weaver

This market report is a research document of Colliers International. Information herein has been deemed reliable and no representation is made as to the accuracy thereof. Colliers International-Atlanta, Inc., and certain of its subsidiaries, is an independently owned and operated business and a member fi rm of Colliers International Property Consultants, an affi liation of independent companies with over 520 offi ces throughout 62 countries worldwide.

522 offi ces in 62 countries on 6 continentsUnited States: 147Canada: 37Latin America: 19Asia Pacifi c: 201EMEA: 118

• $1.8 billion in annual revenue

• Over 2.5 billion square feet under management

• Over 12,000 professionals

MARKET REPORT | Q1 2012 | ATLANTA INDUSTRIAL | I-20W/FULTON INDUSTRIAL