INDUSTRIAL STATS SNAPSHOT

DIRECT RENTAL VS. VACANCY RATES

DIRECT ASKING RENTAL RATES

OVERALLOCCUPIERACTIVITY

10.3%VACANCY

$4.93PSF/PY

9.4%VACANCY

$4.74PSF/PY

8.0%VACANCY

$5.25PSF/PY

8.1%VACANCY

$5.20PSF/PY

8.4%VACANCY

$5.35PSF/PY

2011 2012 2013 2014 Q2 2015

UNDER CONSTRUCTION1,203,678 SF

QUICKSTATS

Leasing ActivityUser Sales Activity

5.9 MSF

1.6 MSF

5.5 MSF

1.2 MSF

10.8 MSF

0.9 MSF

8.4 MSF

1.8 MSF

3.8 MSF

0.3 MSF

2011

2012

2013

2014

Q2 2015

BALTIMORE

Q22015

Overall 0.8 ppVacancy 8.5% Y-O-Y

Overall Net 0.8%Asking Rent $5.35 psf Y-O-Y

YTD Leasing 20.5%Activity 3.8 msf Y-O-Y

Overall Net 37.7%Absorpton 724,948 sf Y-O-Y

$4.77W/D

$10.22FLEX