jll columbus chart of the week: august 1, 2016
TRANSCRIPT
Industrial construction expected to deliver
nearly 5.5 million square feet by year-end
Columbus
• Warehouse and distribution construction activity in Columbus has been delivering quickly during the
summer months. Amazon’s distribution and fulfillment centers brought 1,855,000 square feet of BTS
space this past month while the Exxcel CenterPoint building brings another 478,000 square feet of
speculative space. As the summer winds downs, Columbus can look forward to another 2.0 million
square feet of deliveries over the next several months. By the end of 2016, the local industrial market will
have seen nearly 5.5 million square feet of total space delivered.
Source: JLL Research
Chart of the week: August 1, 2016
1,200,273
2,276,000
449,064
700,000
0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000
Speculative
BTS
Completed 3rd Quarter 4th Quarter
Expected delivery for 2016 construction activity
275,869
567,350