WRE » Topics » Industrial/Flex Sector

This excerpt taken from the WRE 8-K filed Jul 10, 2009.

Industrial/Flex Sector

 

   

Rental rates for the industrial sector increased 0.3% in the greater Washington region in 2008 compared to 2.8% in 2007.

 

   

Overall vacancy was 10.1% at year-end 2008, up from 9.5% one year ago.

 

   

Net absorption was 4.4 million square feet, compared to 6.6 million square feet in 2007.

 

   

Of the 3.5 million square feet of industrial space under construction at year-end, 30% is pre-leased, compared to 24% of space under construction that was pre-leased one year ago.

These excerpts taken from the WRE 10-K filed Mar 2, 2009.

Industrial/Flex Sector

 

   

Rental rates for the industrial sector increased 0.3% in the greater Washington region in 2008 compared to 2.8% in 2007.

 

   

Overall vacancy was 10.1% at year-end 2008, up from 9.5% one year ago.

 

   

Net absorption was 4.4 million square feet, compared to 6.6 million square feet in 2007.

 

   

Of the 3.5. million square feet of industrial space under construction at year-end, 30% is pre-leased, compared to 24% of space under construction that was pre-leased one year ago.

 

4


Table of Contents
Index to Financial Statements

Industrial/Flex Sector

 







  

Rental rates for the industrial sector increased 0.3% in the greater Washington region in 2008 compared to 2.8% in 2007.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







  

Overall vacancy was 10.1% at year-end 2008, up from 9.5% one year ago.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







  

Net absorption was 4.4 million square feet, compared to 6.6 million square feet in 2007.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







  

Of the 3.5. million square feet of industrial space under construction at year-end, 30% is pre-leased, compared to 24% of space under construction that was
pre-leased one year ago.

 


4







Table of Contents


Index to Financial Statements


These excerpts taken from the WRE 10-K filed Feb 29, 2008.

Industrial/Flex Sector

 

   

Rental rates for the industrial sector increased 2.8% in the greater Washington region in 2007.

 

   

Overall vacancy was 9.5% at year-end 2007, down from 9.8% one year ago.

 

   

Net absorption was 6.6 million square feet, compared to 4.3 million square feet in 2006 and above the long-term average of 5.4 million square feet.

 

   

Of the 6.4 million square feet of industrial space under construction at year-end, 24% is pre-leased, compared to 21% of space under construction that was pre-leased one year ago.

 

Industrial/Flex Sector

 







  

Rental rates for the industrial sector increased 2.8% in the greater Washington region in 2007.

STYLE="margin-top:0px;margin-bottom:-6px"> 







  

Overall vacancy was 9.5% at year-end 2007, down from 9.8% one year ago.

SIZE="1"> 







  

Net absorption was 6.6 million square feet, compared to 4.3 million square feet in 2006 and above the long-term average of 5.4 million square feet.

 







  

Of the 6.4 million square feet of industrial space under construction at year-end, 24% is pre-leased, compared to 21% of space under construction that was
pre-leased one year ago.

 

This excerpt taken from the WRE 10-K filed Mar 1, 2007.

Industrial/Flex Sector

 

   

Average industrial rents increased 2.8% in the greater Washington/Baltimore region in 2006.

 

   

Rents are projected to increase 1.5-2.5% in 2007, as market conditions remain favorable.

 

   

Vacancy was 9.8% at year-end 2006, up from 9.4% at year-end 2005 and down from 10.4% at year-end 2004.

 

   

Of the 10.1 million square feet of industrial space under construction at year-end 2006, 21% is pre-leased, compared to 5.1 million and 34%, respectively, at year-end 2005.

 

This excerpt taken from the WRE 10-K filed Mar 16, 2006.

Industrial/Flex Sector

 

    Average industrial rents increased 1.5% in the greater Washington/Baltimore region in 2005.

 

    Rents are projected to increase 2-3% in 2006, as vacancy rates improve.

 

    Vacancy was 2.4% (with sublet space) at year-end 2005, down from 10.4% (with sublet space) at year-end 2004.

 

    Of the 5.1 million square feet of industrial space under construction at year-end 2005, 34% is pre-leased, as compared to 3.7 million and 19%, respectively, at year-end 2004.

 

This excerpt taken from the WRE 10-K filed Mar 16, 2005.

Industrial/Flex Sector

 

    Average industrial rents increased 1.5% in the greater Washington/Baltimore region in 2004, driven by suburban Maryland.

 

    Rents are projected to increase in 2005, as vacancy rates improve.

 

    Vacancy was 10.3% (with sublet space) at year-end 2004, down from 11.4% (with sublet space) at year-end 2003.

 

    Of the 3.7 million square feet of industrial space under construction at year-end 2004, 19% was pre-leased, as compared to 3.3 million and 10%, respectively, at year-end 2003.

 

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