NEW SUPPLY, ABSORPTION AND VACANCY RATES

SUBMARKET REPORTATLANTA

www.colliers.com/atlanta

MARKET INDICATORS

Q3 2011 | I-20W/FULTON INDUSTRIAL

I-20

West/

Fulton Ind

TRENDS & HIGHLIGHTS

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

(600,000)

(400,000)

(200,000)

0

200,000

400,000

600,000

800,000

1,000,000

3Q10 4Q10 1Q11 2Q11 3Q11

Absorption Deliveries Vacancy

Total SF 92,043,478

Vacancy Rate 15.4%

YTD Net Absorption (524,945)

YTD Deliveries 0

Under Construction 0

Avg. Warehouse Rate $3.01 NNN

UPDATE Recent Transactions in the Market

SALES ACTIVITY

PROPERTY ADDRESS SALE PRICE SIZE SF PRICE / SF BUYER

Hartman III $22,000,000 525,627 $41.85 Welsh Property Trust8096 E. Highway 78 $9,221,727 214,320 $43.03 Angelo, Gordon & Co.1370 Discovery Industrial Ct $6,000,000 151,800 $39.53 Welsh Property TrustHartman IV $5,400,000 113,748 $47.47 Welsh Property Trust

LEASING ACTIVITY

TENANT PROPERTY ADDRESS SIZE SF TYPE

Boxercraft 7131 Discovery Blvd. 148,300 Warehouse Lease

Best Warehouse & Trans. 6255 Fulton Industrial Blvd. 120,960 Warehouse Lease

Guest Supply 780 Douglas Hill Rd.-Bldg. 5 107,445 Warehouse Lease

TGI Tuff Glass 5550 Westpark Dr. 96,274 Warehouse Lease

• For the third consecutive quarter, the I-20 West/Fulton Industrial submarket saw its overall vacancy increase. Another 125,000 square feet of vacant industrial space hit the submarket in third quarter.

• I-20 West/Fulton Industrial’s year-to-date absorption is the worst in Atlanta’s industrial market. Much of the larger leasing activity is taking place in the South Atlanta submarket. In addition, leasing activity from smaller tenants is absent here as well.

• Going forward, the submarket should see a slight drop in its vacancy in the fourth quarter. Czarnowski will move into 569,673 SF of warehouse/distribution space at Hartman V which will be the largest move-in for fourth quarter. Beyond 2011, the submarket should begin to see some pickup in activity.

Squa

re F

eet

Q3 2011Projected

Q4 2011

VACANCY

NET ABSORPTION

CONSTRUCTION — —

RENTAL RATE — —

Source: CoStar Property, Colliers Research

UNITED STATES:

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COLLIERS INTERNATIONAL

ATLANTA INDUSTRIAL SPECIALISTS:

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 512 offi ces throughout more than 61 countries worldwide.

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Accelerating success.Accelerating success.

COLLIERS INTERNATIONAL I-20 WEST/FULTON INDUSTRIAL LISTINGS

FOR SALE

# PROPERTY SF AVAIL. BROKER(S)

7 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

15 5020 Bakers Ferry Rd. 45,089 Scott Plomgren

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

Marty Arnold Elizabeth McSweeney

Douglas Biggs Scott Plomgren

Sean Boswell Henry Sawyer

Bill Buist Ryan Sawyer

Lee Cardwell Mike Spears

Chris Cummings Rick Vaughn

Ben Logue Price Weaver

7

8

9

10

11

12

13

512 offi ces in 61 countries on 6 continentsUnited States: 125Canada: 38Latin America: 18Asia Pacifi c: 214EMEA: 117

• $1.5 billion in annual revenue

• Over 2.2 billion square feet under management

• Over 13,000 professionals

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 5400 Fulton Industrial Blvd. 448,448 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. 29,917-60,502 Scott Plomgren / Price Weaver / Sean Boswell

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

14

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MARKET REPORT | Q3 2011 | ATLANTA INDUSTRIAL | I-20W/FULTON INDUSTRIAL