Westland Bunker Campus 550/552/554 CLUB DRIVE MONTGOMERY, TEXAS
|
|
- Timothy McGee
- 5 years ago
- Views:
Transcription
1 Westland Bunker Campus 550/552/554 CLUB DRIVE MONTGOMERY, TEXAS FOR SALE David L. Carter CCIM, SIOR Direct Dan Peterson Direct Everett Thompson Direct Tom Condon, Jr. Direct
2 Executive Summary Offering Overview THE OFFERING This offering provides investors with a highly-secure, multi-tenant, missioncritical campus investment containing of over 250,000 square feet of office and data center facilities located on 50 acres of land 45 miles northwest of downtown Houston, Texas. The Westland Bunker Campus is comprised of a four-story multi-tenant Disaster Recovery building occupied by approximately 20 tenants and two data centers. Data Center One is an 8MW subterranean colocation facility with national credit tenancy. Data Center Two is an above ground purpose-built shell currently with a 12MW capacity design. This offering provides a unique opportunity for an investor to leverage the current income, operations and infrastructure to capitalize on a mission-critical value-add play in a growing market. FINANCIAL TERMS The property is being offered without an asking price. A call for offers date will be set at a later date. WESTLAND BUNKER ADDRESS: Club Dr. Montomgery, TX GROSS BUILDING SF: 250,000 SF PROPERTY TYPE: 2 Datacenters/Disaster Recovery Building YEAR BUILT: 1982/2005/2015 SITE AREA: 50 ACRES APPROX OCCUPANCY: Office: 90% DC1: 75% DC2: 0% CY2018 NOI: $3,911,904 ASKING PRICE: Submit Offer COLLIERS INTERNATIONAL 2
3 Executive Summary Property Overview Located 45 miles north of downtown Houston in Montgomery County, Texas; the Westland Bunker Campus is a historic fortress with modern robustness and redundant connectivity. Originally built as a selfcontained corporate campus and bomb shelter on its own 50-acre site, Westland Bunker Campus is now home to multiple organizations mission critical business operations within the Disaster Recovery building and subterranean data center. At 345 feet above sea level and 45 miles further inland. The Westland Bunker Campus expanded its state-of-the-art data center facilities in 2015 with a second data center to become an ideal location option for larger mid-continent data center requirements. As Houston s most secure data center, the Westland Bunker is a Tier III (equivalent) operation. The 8MW Data Center One has several colocation tenants including its largest tenant, T-Systems (subsidiary of Deutsche Telekom). The 12MW Data Center Two is a 108,000 square foot purpose-built shell. Valued as-is by third party appraisal at $14 million, Data Center Two has security, utility delivery and one 10,000 square foot pod all in-place today. The Disaster Recovery building at the Westland Bunker Campus contains over 100,000 square feet over four floors of multiple tenants. A central atrium, fitness center, bar and swimming pool are among the amenities. COLLIERS INTERNATIONAL 3
4 Property Map COLLIERS INTERNATIONAL 4
5 Property Aerial COLLIERS INTERNATIONAL 5
6 Property Photos COLLIERS INTERNATIONAL 6
7 Property Photos COLLIERS INTERNATIONAL 7
8 Research & Forecast Report HOUSTON OFFICE Q Houston s office market is finally on the mend Lisa Bridges Director of Market Research Houston Market Indicators Relative to prior period VACANCY Annual Change Quarterly Change Quarterly Forecast* Houston s office market made more progress in the third quarter than it has in the past three years, posting positive absorption of 901,844 SF, a substatial increase from the negative 0.7 million SF of absorption recorded one year ago. Leasing activity increased 22% over the quarter, and Houston s overall vacancy rate is finally below 20%. Houston s job growth increased by 3.7% over the year according to recent data released by the US Bureau of Labor Statistics. The Houston MSA created 101,200 jobs (not seasonally adjusted) between August 2017 and August 2018, growing faster than Texas and the U.S. during the same period. Employment sectors with the most substantial growth includes the construction sector which grew by 13.5% over the year, and professional and business services which increased by 7.2%. According to the U.S. Energy Information Administration, Gulf Coast refineries are taking in record levels of crude oil. Crude oil exports were up significantly in the first half of 2018 and West Texas Intermediate crude oil prices jumped in the first week of October 2018, exceeding $75.00 per barrel for first time since November The increase in crude oil production, along with the increase in crude oil prices and significant job growth are all indicators that Houston s economy is bustling and it is positive news for Houston s office market. NET ABSORPTION NEW CONSTRUCTION UNDER CONSTRUCTION *Projected Summary Statistics Houston Office Market Q Q Q Vacancy Rate 19.2% 20.1% 19.7% Net Absorption (Million Square Feet) New Construction (Million Square Feet) Under Construction (Million Square Feet) Class A Vacancy Rate CBD Suburban 19.0% 21.7% 19.7% 22.3% 19.3% 21.9% Asking Rents Per Square Foot Per Year Houston Class A $35.31 $34.93 $34.18 CBD Class A $44.36 $44.28 $45.28 Suburban Class A $32.92 $32.24 $31.04 COLLIERS INTERNATIONAL 8
9 Vacancy & Availability Houston s citywide vacancy rate decreased 40 basis points from 20.1% to 19.7% over the quarter, but this was an increase of 50 basis points year over year, up from the 19.2% recorded in Q Over the quarter, the average suburban vacancy rate decreased 30 basis points from 19.6% to 19.3% and the average CBD vacancy rate fell 60 basis points from 22.2% to 21.6%. The average Class A vacancy rate in the CBD dropped 40 basis points over the quarter from 19.7% to 19.3% and the average Class B vacancy rate in the CBD decreased from 31.3% to 29.8%. The average suburban Class A vacancy rate decreased 40 basis points from 22.3% to 21.9% between quarters, while the average suburban Class B vacancy decreased 10 basis points from 17.3% to 17.2%. Of the 1,717 existing office buildings in our survey, 83 buildings have 100,000 SF or more contiguous space available for lease or sublease. Within these, 26 buildings have 200,000 SF or more contiguous space available. Citywide, the available sublease space decreased over the quarter from 9.4 million SF to 8.8 million SF. Available space differs from vacant space in that it includes space that is currently being marketed for lease but may be occupied with a future availability date. In contrast, vacant space is truly vacant and is and may still be immediately available. Most of the sublease space is located in Class A properties as seen in the chart below. Q Houston Office Highlights Q Houston Office Highlights CBD VS. SUBURBAN CLASS A OFFICE VACANCY CLASS A OFFICE VACANCY 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% CBD Vacancy Suburban Vacancy FOR MORE INFORMATION JOB GROWTH Annual Change # of Jobs Added HOUSTON 3.7% 101.2K UNEMPLOYMENT 8/17 8/18 HOUSTON 5.1% 4.3% CLASS A OFFICE RENTS CLASS A OFFICE RENTS $50.00 $45.00 $40.00 $35.00 $30.00 $25.00 $20.00 $15.00 $10.00 $5.00 $0.00 TEXAS 3.2% 386.9K U.S. 1.7% 2.4M TEXAS 4.4% 3.9% U.S. 4.5% 3.9% CBD Rents Suburban Rents COLLIERS INTERNATIONAL 9
10 Absorption & Demand Houston s office market posted 901,844 SF of positive net absorption in Q Suburban Class A space recorded the largest gain, posting 457,043 SF of positive net absorption. Some of the tenants that relocated during the third quarter include the Harris County Veterans Service (moving into 118,800 SF in 500 Jefferson in the CBD submarket), Exterran Energy Solutions (occupying 44,900 SF in Equity Drive office building located in the West Belt submarket) and WorkSuites (moving into 30,355 SF at 2001 Timberloch Place in The Woodlands submarket). Rental Rates Houston s average asking rental rate increased over the quarter from $28.99 per SF to $30.02 per SF. Houston average rental rate for Class A space decreased over the quarter from $34.93 per SF to $34.18 per SF. In contrast, the average Class A rental rate in the CBD increased by a dollar over the quarter up from $44.28 to $45.28 per SF. The Suburban Class A rental rate decreased from $32.24 to $31.04 per SF. Leasing Activity AVERAGE OFFICE SALES PRICE PER SF % 8.5% 8.0% 7.5% 7.0% 6.5% 6.0% Houston U.S. Q3 '14 Q3 '15 Q3 '16 Q3 '17 Q3 '18 AVERAGE OFFICE CAP RATE AVERAGE OFFICE CAP RATE Houston U.S. Q3 '14 Q3 '15 Q3 '16 Q3 '17 Q3 '18 Sources: CoStar and Real Capital Analytics Houston s office leasing activity increased 22% over the quarter from 2.9M SF to 3.5M SF. Leasing activity includes new/direct, sublet, renewals/expansions and pre-leasing in proposed buildings. Some of the more notable transactions are noted in the table below. Highlighting the continuing improvement in the market, the office market recorded 2.3 million square feet of leasing activity in the first four days of the fourth quarter of Q Select Office Lease Transactions BUILDING NAME/ADDRESS SUBMARKET SF TENANT LEASE DATE 801 Texas CBD 212,000 Vinson & Elkins 4 Jul Texas CBD 155,000 Hines 4 Jul Louisiana St CBD 93,896 Constellation 2 Aug Memorial Dr Katy Freeway 85,500 BP 2 Jul McKinney St CBD 72,900 Haynes and Boone 3 Aug West Loop South West Loop/Galleria 64,022 Cornerstone Home Lending 3.5 Sep W Sam Houston Parkway Westchase 55,000 Cardtronics 1 Aug Equity Dr West Belt 44,894 Exterran Energy Solutions 1 Aug-18 1 New/Direct 2 Sublease 3 Renewal/Expansion 4 Pre-lease in proposed / under construction 5 Colliers International Transaction Sales Activity Houston s office investment sales plunged dramatically over the year, falling by 45.3% since Q The average sales price per square foot trended up from $197 to $221 per SF over the quarter. Houston s average cap rate of 7.5% is the same as the U.S. average rate. COLLIERS INTERNATIONAL 10
11 Market Overview HOUSTON DATA CENTER MARKET OVERVIEW Like most parts of the county, Houston continues to see continued evolution of the data center industry and market demand. Trends in Outsourcing, Hybrid, Cloud, Edge, Hyperscale; all except the last could be applicable terms for Houston over the last few years. Like other secondary markets, Houston was predominately an enterprise, private data center market until colocation operators began to build facilities in the area. Now major providers such as Digital Realty and Cyrus One among others have modern facilities in the market. Hybrid Deployments: Users are allocating workloads and apps in public clouds and with third party providers that can offer the spectrum of services under flexible yet financially predictable contracts. Driven primarily by the oil & gas industry, demand for new data center space declined last year. The more the overall Houston economy diversifies as it grows, the steadier the absorption of data center space and power has become. With events such as Hurricane Harvey, the move to facilities and operators built to handle these risks become more attractive. Growth in the Internet of Things (IoT): The number of connected devices is expected to exceed 50 billion by 2020, up from 18.2 billion in Going forward, ebbs in the recent market demand will keep pricing competitive. As the market needs diversity (more sectors in the area and newer needs such as edge computing) the market will see growing demand as providers give more service and contract flexibility. Trends Driving the Market More users are getting out of the data center business: Refresh cycles, data security compliance and the cost of operating mission critical facilities keep corporations assessing their strategic investments and core IT competencies. The Enterprise Data Center Still Lives, For Now... 83% of enterprises surveyed in North America still rely on their own data center only 17% 49% 18% rely solely on cloud service providers or colocation providers reported using both their own infrastructure and third parties (cloud or colocation providers), indicating a hybrid cloud world of survey respondents expect to build a data center in the next two years nearly 37% 50% Outsourcing: IT cost and complexity issues are driving enterprises to tap more resources outside of their own data center to meet business needs. Shadow IT: Cloud adoption is putting pressure on IT leadership to provide rapid solutions and corral deployments by other company departments. Edge Data Centers: Increased capacity, lower latency and local relevancy are driving development of smaller local data centers to connect content and apps to users faster. When enterprises run out of capacity, 62% said they would consider their IT infrastructure to accommodate growth, and 41% said they d use an IaaS, SaaS, or PaaS provider. Thirty-five percent said they d rent space at a colocation provider of organizations that are increasing their spending are upgrading or retrofitting existing facilities of organizations are deploying production applications in the cloud By 2018, 50% of all server racks in North America will be located at cloud and colocation data centers, up from 40% today, the study indicated Source: 451 Research COLLIERS INTERNATIONAL 11 Colliers Minneapolis-St. Paul Technology Services maintains a proprietary database of available data Dan Peterson Senior Associate Technology Solutions
12 Westland Bunker Campus MONTGOMERY, TEXAS FOR SALE David L. Carter CCIM, SIOR Direct Dan Peterson Direct Everett Thompson Direct Tom Condon, Jr. Direct
BATON ROUGE, LOUISIANA COLLIERS INTERNATIONAL
BATON ROUGE, LOUISIANA COLLIERS INTERNATIONAL BON CARRÉ TECHNOLOGY CENTER Bon Carré Technology Center Bon Carré presents a unique valueadd opportunity in the southeastern U.S. and the ability to acquire
More informationBATON ROUGE, LOUISIANA COLLIERS INTERNATIONAL
BATON ROUGE, LOUISIANA COLLIERS INTERNATIONAL AUCTION NOW LIVE ON TEN-X LINK TO AUCTION SITE Bidding dates november 5-7, 2018 BON CARRÉ TECHNOLOGY CENTER Bon Carré Technology Center (Bon Carré) presents
More informationUS BANK CENTRE US BANK CENTRE RENO RENO, NEVADA -EXECUTIVE SUMMARY- INSTITUTIONAL SALES NORTHWEST REGION
US BANK CENTRE -EXECUTIVE SUMMARY- RENO, NEVADA US BANK CENTRE RENO INSTITUTIONAL SALES NORTHWEST REGION 1 THE OFFERING Colliers International, as Exclusive Advisor, is pleased to present the opportunity
More informationHouston Economic Overview Presented by Patrick Jankowski, SVP Research Greater Houston Partnership
Houston Economic Overview Presented by Patrick Jankowski, SVP Research Greater Houston Partnership Order of the Day Order of the Day Rig count fell 80% Oil prices dropped 75% Energy layoffs spiked Office
More informationSUBURBAN MARYLAND IN THIS ISSUE OFFICE Q RESEARCH MARKET REPORT. State of the Economy. Leasing Activity. Development Pipeline.
RESEARCH MARKET REPORT SUBURBAN MARYLAND OFFICE IN THIS ISSUE State of the Economy p.2 Leasing Activity p.3 Development Pipeline p.4 Market Outlook p.5 Market Breakdown p.6 Much Needed Trophy Development
More informationLittle Development Holds Vacancy Low
MARKET SUMMARY SUBURBAN MARYLAND OFFICE Fourth Quarter 2016 Little Development Holds Vacancy Low Market Indicators Q4 2016 2017 (Projected) NET Suburban Maryland has struck a note of balance that both
More informationSIOR New Mexico Chapter 2015 Office and Industrial Success Stories
SIOR New Mexico Chapter 2015 Office and Industrial Success Stories 1 WHAT IS AN SIOR? SIOR is the leading industrial and office real estate brokerage association. SIOR Market Update SIOR confers the SIOR
More information$28 $26 $24 $22 $20 $18 1,500,000 1,000, , ,000 -1,000,000. Vacancy Rate 15.9% 16.0% 15.3% Deliveries 1,043,969 1,171, ,089
RESEARCH 2Q 2018 DENVER OFFICE MARKET CORPORATE EXPANSIONS DROVE NET ABSORPTION OF 1 MSF Denver s office market continued full steam ahead in its ninth straight year of expansion, as net absorption in
More informationHouston s industrial market closes out the year with a strong finish
Research & Forecast Report HOUSTON INDUSTRIAL Q4 2017 Houston s industrial market closes out the year with a strong finish Lisa Bridges Director of Market Research Houston Industrial Trends Commentary
More informationFOR SALE >> COMMERCIAL LAND >> HWY 287 AT I-45 IN ENNIS, TX
FOR SALE >> COMMERCIAL LAND >> HWY 287 AT I-45 IN ENNIS, TX Colliers International is pleased to introduce Southgate Industrial Park, 460 acres zoned for Heavy Industrial usage, with Rail Service from
More informationMapletree Investments and Mapletree Industrial Trust Form Joint Venture to Acquire 14 Data Centres in the United States of America
PRESS RELEASE Mapletree Investments and Mapletree Industrial Trust Form Joint Venture to Acquire 14 Data Centres in the United States of America 60:40 Joint venture between Mapletree Investments Pte Ltd
More informationQTS Realty Trust, Inc.
QTS Realty Trust, Inc. DEUTSCHE BANK MEDIA, INTERNET & TELECOM CONFERENCE MARCH 10 12, 2014 Forward Looking Statements Some of the statements contained in this earnings presentation constitute forward-looking
More informationHPC Solutions in High Density Data Centers
Executive Report HPC Solutions in High Density Data Centers How CyrusOne s Houston West data center campus delivers the highest density solutions to customers With the ever-increasing demand on IT resources,
More informationCORPORATE PERFORMANCE IMPROVEMENT DOES CLOUD MEAN THE PRIVATE DATA CENTER IS DEAD?
CORPORATE PERFORMANCE IMPROVEMENT DOES CLOUD MEAN THE PRIVATE DATA CENTER IS DEAD? DOES CLOUD MEAN THE PRIVATE DATA CENTER IS DEAD? MASS MIGRATION: SHOULD ALL COMPANIES MOVE TO THE CLOUD? Achieving digital
More informationComprised of 10,931 buildings with over million square feet, the Dallas/Fort Worth office market is broken down into the following:
DALLAS OFFICE MARKET REPORT 3 RD QTR 2014 Dallas Office - Overall Size Comprised of 10,931 buildings with over 338.7 million square feet, the Dallas/Fort Worth office market is broken down into the following:
More informationFIRST QUARTER 2018 CHARLOTTE-MECKLENBURG GROWTH REPORT
FOURTH QUARTER HIGHLIGHTS FIRST QUARTER 2018 CHARLOTTE-MECKLENBURG GROWTH REPORT Professional Services and Manufacturing Highlight a Steady First Quarter Charlotte was ranked the No. 3 Metro Area for growth
More informationwest6thstreet 61% LEASED, VALUE-ADD, MIXED-USE INVESTMENT OPPORTUNITY DATA CENTER OFFICE RETAIL DOWNTOWN LOS ANGELES, CA
west6thstreet DOWNTOWN LOS ANGELES, CA 61% LEASED, VALUE-ADD, MIXED-USE INVESTMENT OPPORTUNITY DATA CENTER OFFICE RETAIL JUNE 2018 ONE WILSHIRE executive summary NKF Capital Markets, as exclusive advisor,
More informationResearch CLEVELAND 1Q17 INDUSTRIAL MARKET. Current Conditions. Greater Cleveland posted its 18th consecutive quarter of positive net absorption
Market continues to Tighten into 2017 The Greater Cleveland industrial market absorbed 654,659 square feet in the first quarter of 2017, marking the 18th consecutive quarter of positive tenancy gains.
More informationTriangle Industrial Market Absorbs Close to 400,000 SF Warehouse Space
Research Report RALEIGH-DURHAM INDUSTRIAL Q3 217 Triangle Industrial Market Absorbs Close to 4, SF Warehouse Space Emily Bostic Research Analyst Raleigh- Hannah Hathaway Research Assistant Raleigh- Key
More informationMediterranean Nautilus Greece S.A. Cloud Solutions
Mediterranean Nautilus Greece S.A. Cloud Solutions Arturo Danesi CEO MN Greece S.A. (Athens April 23, 2013) Agenda Cloud Computing: What does it really mean? Impacts on the Greek Economy MedNautilus Cloud
More informationOFFICE MARKET OVERVIEW
OFFICE MARKET OVERVIEW MID YEAR 2017 UPDATE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY AUGUST 2017 2 OFFICE MARKET OVERVIEW: MID YEAR 2017 UPDATE CONTENT OFFICE MARKET OVERVIEW EXECUTIVE SUMMARY 03 SUMMARY OF
More informationWhat is SD WAN and should I know or care about it? Ken LaMere Ecessa
What is SD WAN and should I know or care about it? Ken LaMere Ecessa Powered by 1 Source International What is SD WAN? 10 Years Ago 7 Years Ago 7 Years Ago 5 Years Ago 5 Years Ago Today Today Market Trends
More information2013 COLORADO OFFICE MARKET CLEARED FOR TAKEOFF
2013 COLORADO OFFICE MARKET CLEARED FOR TAKEOFF Natasha Felten President November 14 th, 2013 Flight 2013 SEAT NUMBER 01A FIRST Flight 2013 Denver to Recovery DEPARTS 3:40PM FLIGHT PLAN Pre-flight Checklist
More informationRetail Picks Up Speed
Research & Forecast Report LAS VEGAS RETAIL Q2 2017 Retail Picks Up Speed > > Net absorption was strong in the second quarter of 2017, reversing a weak first quarter > > Vacancy decreased to 8.3 percent
More informationConsensus Outlook
Consensus Outlook - 219 Thirty-second Annual Economic Outlook Symposium November 3, 218 William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago The views expressed herein
More informationCloud Strategies for Addressing IT Challenges
Cloud Strategies for Addressing IT Challenges Mark Bowker Senior Analyst Enterprise Strategy Group Introduction Mark Bowker, Senior Analyst U.S. Headquarters 20 Asylum Street Milford, MA 01757 2011 Enterprise
More informationPepperell Center Data Center Offering. Pepperell Center. Data Center Offering. Pepperell Mill Campus 40 Main Street Biddeford, Maine.
Pepperell Center Data Center Offering Pepperell Mill Campus 40 Main Street Biddeford, Maine Page 1 Summer 2009 Table of Contents Project Summary... 3 History... 4 Location Viability... 5 Pepperell Center...
More informationQTS Realty Trust, Inc. Third Quarter 2017 Earnings Presentation
QTS Realty Trust, Inc. Third Quarter 2017 Earnings Presentation 2016 QTS. All Rights Reserved. 1 Forward Looking Statements Some of the statements contained in this presentation constitute forward-looking
More informationFor Lease Norfolk Data Center Near New VA Beach International Cable Landing. Norfolk VA
For Lease Near New VA Beach International Cable Landing Norfolk VA BUILDING INFORMATION LOCATION: AVAILABILITY: PROPERTY: TENANCY: 3800 Village Avenue Norfolk Virginia FOR LEASE: 15,000 40,000 SF 100,000
More informationLast Second Save LAS VEGAS RETAIL Q Research & Forecast Report -0.7% Economic Indicators. Market Indicators. Summary Statistics
Research & Forecast Report LAS VEGAS RETAIL Q4 2017 Last Second Save > > Net absorption was very strong in the fourth quarter, bringing year end net absorption to almost 500,000 square feet > > Vacancy
More informationCloud Computing Overview. The Business and Technology Impact. October 2013
Cloud Computing Overview The Business and Technology Impact October 2013 Cloud Computing offers new types of IT services and models On-demand self-service Rapid elasticity Pay per use Increase Agility
More informationHouston Economic Outlook. Prepared by Patrick Jankowski SVP Research
Houston Economic Outlook Prepared by Patrick Jankowski SVP Research Longest U.S. Expansions Tech Boom '91 - '01 120 Current Boom June '09 to Present 114 60s Boom '61 - '69 Reagan Years '82 - '90 92 106
More informationColocation in the City of Angels
Colocation in the City of Angels Why Los Angeles, a Global Business Hub and the Digital Gateway to Asia-Pacific, is an Essential Data Center Location Contents Introduction The Interdependence of Colocation
More informationASKING PRICE: $2,850,000 ($55.64 / SF) 635
D A L L A S, T E X A S INVESTMENT SUMMARY Industrial 100% Leased 51,222 SF 3.0 years WALT Premier Infill Location ASKING PRICE: $2,850,000 ($55.64 / SF) DENTON DRIVE DISTRIBUTION WAY EXECUTIVE SUMMARY
More informationConsensus Outlook
Consensus Outlook - 218 Thirty-first Annual Economic Outlook Symposium December 1, 217 William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago The views expressed herein are
More informationBuilding Interconnection 2017 Steps Taken & 2018 Plans
Building Interconnection 2017 Steps Taken & 2018 Plans 2017 Equinix Inc. 2017 Key Highlights Expansion - new markets Launch - Flexible DataCentre Hyperscaler edge Rollout - IXEverywhere - SaaS, IoT & Ecosystems
More information± % Market Report NEW JERSEY INDUSTRIAL 4Q Leasing Activity MSF. Net Absorption
Market Report NEW JERSEY INDUSTRIAL 4Q 215 Accelerating success. ± % $ MSF Absorption SF 4Q 215 Quarter-to- Quarter Change Year-to- Year Change YTD 215 12,25,541 26.2% 54.9% 43,84,773 6,81,4 48,81 5,326,129
More informationFor personal use only
ASX Release 24 November 2015 2015 Annual General Meeting CEO s Address I am delighted to have this opportunity to address shareholders after a year of significant growth and strategic achievements. Today,
More informationUBS 42 nd Annual Global Media and Communications Conference December 8, Leigh Fox, CFO
UBS 42 nd Annual Global Media and Communications Conference December 8, 2014 Leigh Fox, CFO Safe Harbor This presentation and the documents incorporated by reference herein contain forward-looking statements
More informationCYRUSONE TO ACQUIRE ZENIUM DATA CENTERS
CYRUSONE TO ACQUIRE ZENIUM DATA CENTERS THIRD QUARTER 2017 EARNINGS October 31, 2017 DECEMBER 21, 2017 SAFE HARBOR S A F E H A R B O R This presentation contains forward-looking statements regarding future
More informationVACANCY RENTAL RATE. *Projected $1.42 $1.40 $1.38 $1.36 $1.34 $1.32 $1.30 $1.28 $1.26 $1.24 $1.22. Per Square Foot $1.20
Research & Forecast Report LAS VEGAS RETAIL Q3 2017 Dragging Anchor(s) > > Net absorption continued to be positive in the third quarter of 2017 > > Vacancy increased slightly to 8.3 percent > > Asking
More informationMetro Milwaukee Industrial Market Review 2018 Q1
Metro Milwaukee Industrial Market Review RETAIL OFFICE INDUSTRIAL LAND INVESTMENT NAI MLG COMMERCIAL 414 347 9400 757 N BROADWAY, SUITE 700, MILWAUKEE, WI 53202 MLGCOMMERCIAL.COM Metro Milwaukee Industrial
More informationRSI DISTRIBUTION CENTER 1,000,000 SF CLASS A INDUSTRIAL FACILITY WITH 13+ YEAR NNN LEASE 838 LINCOLN COUNTY PARKWAY LINCOLNTON, NC CHARLOTTE MSA
RSI DISTRIBUTION CENTER 1,000,000 SF CLASS A INDUSTRIAL FACILITY WITH 13+ YEAR NNN LEASE 838 LINCOLN COUNTY PARKWAY LINCOLNTON, NC CHARLOTTE MSA EXECUTIVE SUMMARY THE INVESTMENT OPPORTUNITY 1,000,000 SF
More informationRetail Slows but Does Not Stop
Research & Forecast Report LAS VEGAS RETAIL Q1 2017 Retail Slows but Does Not Stop > > Strong net absorption in the second half of 2016 did not extend into 2017 > > Vacancy remained under 9.0 percent,
More informationTechnology Solutions Group Specialized Real Estate Services
COLLIERS INTERNATIONAL Technology Solutions Group Specialized Real Estate Services Accelerating success. Colliers International Technology Solutions P. 1 This document has been prepared by Colliers International
More information67.1 GROSS ACRES FINAL MAP FULLY MITIGATED SOUTH COUNTY COMMERCE CENTER SAN DIEGO, CALIFORNIA POTENTIAL 950,000 SQUARE FOOT INDUSTRIAL DEVELOPMENT
67.1 GROSS ACRES FINAL MAP FULLY MITIGATED SOUTH COUNTY COMMERCE CENTER SAN DIEGO, CALIFORNIA POTENTIAL 950,000 SQUARE FOOT DEVELOPMENT UNIT 1 UNIT 4 UNIT 2 UNIT 3 OTAY MESA RD ENRICO FERMI DR PROPERTY
More informationHouston Economic Outlook. Patrick Jankowski
Houston Economic Outlook Patrick Jankowski Houston s Economic Drivers U.S. Economic Growth Global Trade Outlook for Energy U.S. Economic Growth 3 Gross Domestic Product Seasonally Adjusted Annual Growth
More informationDell EMC Hyper-Converged Infrastructure
Dell EMC Hyper-Converged Infrastructure New normal for the modern data center GLOBAL SPONSORS Traditional infrastructure and processes are unsustainable Expensive tech refreshes, risky data migrations
More informationFY18 FULL-YEAR RESULTS 31 AUGUST 2018 NEXTDC LIMITED ACN
FY18 FULL-YEAR RESULTS 31 AUGUST 2018 NEXTDC LIMITED ACN 143 582 521 FY18 HIGHLIGHTS REVENUE $161.5m +31% UNDERLYING EBITDA 1 $62.6m +28% UTILISATION 40MW +28% CUSTOMERS 972 +26% PARTNERS 470+ 60+ NETWORKS
More informationTHE STATE OF IT TRANSFORMATION FOR RETAIL
THE STATE OF IT TRANSFORMATION FOR RETAIL An Analysis by Dell EMC and VMware Dell EMC and VMware are helping IT groups at retail organizations transform to business-focused service providers. The State
More informationSD-WAN: A Simplified Network for Distributed Enterprises
1 SD-WAN: A Simplified Network for Distributed Enterprises 2 Table of Contents 3 Keeping up with changing technology 4 The problem with traditional MPLS networks 5 New networks must meet growing business
More information5-Building Campus situated on 120 Acres Technology Boulevard Angleton, Texas Total Rentable Square Feet: +/- 398,252
5-Building Campus situated on 120 Acres 4001-4035 Technology Boulevard Angleton, Texas 77515 Total Rentable Square Feet: +/- 398,252 Central Brazoria County Business Park ( CBCBP ) is Brazoria County s
More informationCLOUD COMPUTING PRIMER
CLOUD COMPUTING PRIMER for Small and Medium-Sized Businesses CONTENTS 1 Executive Summary 2 ABCs of Cloud Computing An IT Revolution 3 The Democratization of Computing Cloud Computing Service Models SaaS
More informationCountry Focus: USA +2.2% $43 5.7% Trillion 21.7% of the total global GDP 1 Government Spending on Infrastructure. 80% of GDP. 3% of GDP.
North America Country Focus: USA Key facts GDP $19.5 +2.2% Trillion 21.7% of the total global GDP 1 Government Spending on Infrastructure 3% of GDP Annually TIC Services $43 Billion GDP Growth Services
More informationDigital Infrastructure REIT
1 Digital Infrastructure REIT Finance & Investment Club Real Estate Sector 2 Fall 2016 Senior Analysts: Alex Hall & Yash Shah Junior Analysts: Aaron Yong, Mitchell Starominsky, Zack Bookbinder Agenda 2
More information2016 Summary Annual Report and Annual Meeting Documents
2016 Summary Annual Report and 2017 Annual Meeting Documents To Our Shareholders We enter 2017 with confidence in a bright future ahead for CenturyLink. We are clear in our approach to the market: we
More informationHouston Economy Update. Patrick Jankowski
Houston Economy Update Patrick Jankowski Worst is over 2 $ Per Barrel NYMEX WTI Spot Price 120 100 80 Avg. Last Week of Oct = $49/barrel 60 40 20 0 Jun '14 Dec '14 Jun '15 Dec '15 Jun '16 Dec '16 Source:
More informationHAYS COMMERCE CENTER
HAYS COMMERCE CENTER MIXED-USE DEVELOPMENT LOCATED AT THE CENTER OF ONE OF THE NATIONS FASTEST GROWING CORRIDORS FOR MORE INFORMATION CONTACT: DAVIS BASS BASS@HPITX.COM (512) 538-1040 JORDAN WALKER WALKER@HPITX.COM
More informationInvestment Sales Debt & Equity Advisory Services SKYVIEW ADVISORS SELF STORAGE REIT REPORT Q SKYVIEWADVISORS.COM
Debt & Equity Advisory Services SKYVIEW ADVISORS SELF STORAGE REIT REPORT SKYVIEW ADVISORS JAY J. CROTTY President Skyview Advisors 813.347.9007 jcrotty@skyviewadvisors.com NOEL P. CAIN Managing Partner
More informationInvestor Presentation. February 2016
Investor Presentation February 2016 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended,
More informationVerizon builds on 2Q momentum with strong 3Q results
News Release FOR IMMEDIATE RELEASE October 19, 2017 Media contact: Bob Varettoni 908.559.6388 robert.a.varettoni@verizon.com Verizon builds on 2Q momentum with strong 3Q results 3Q 2017 highlights 89 cents
More informationFor Every Action There is An Equal and Opposite Reaction Newton Was an Economist - The Outlook for Real Estate and the Economy
For Every Action There is An Equal and Opposite Reaction Newton Was an Economist - The Outlook for Real Estate and the Economy Ted C. Jones, PhD Chief Economist Twitter #DrTCJ Mega Themes More Jobs Than
More informationLisle, Illinois 205,672 Square Feet
Lisle, Illinois 205,672 Square Feet Class A Vacant Headquarters Quality Office Building INVESTMENT INTRODUCTION THE OFFERING INVESTMENT SUMMARY Property 2400 Cabot Address 2400 Cabot Drive Lisle, IL 60532
More informationMidlands Tight Industrial Market to Benefit from Manufacturing Growth
Research & Forecast Report COLUMBIA, SC INDUSTRIAL Q1 2015 Midlands Tight Industrial Market to Benefit from Manufacturing Growth Jessica Rahal Research Coordinator South Carolina Key Takeaways > > The
More informationDATA CENTER COLOCATION BUILD VS. BUY
DATA CENTER COLOCATION BUILD VS. BUY Comparing the total cost of ownership of building your own data center vs. buying third-party colocation services Executive Summary As businesses grow, the need for
More informationAutomotive Outlook. William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago
Automotive Outlook Georgia State University Economic Forecasting Center Atlanta, GA August 23, 2017 William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago Brief Macro Assessment
More informationGREAT INDUSTRIAL DEVELOPMENT SITE
GREAT INDUSTRIAL DEVELOPMENT SITE SWFWMD MASS GRADING PERMIT IN PLACE 103,500 VPD KATHLEEN HIGH SCHOOL LAKELAND LOGISTICS CENTER W MEMORIAL BLVD 25,500 VPD EXIT 28 SUBJECT ±35.9 ACRES LONE PALM GOLF CLUB
More informationCoreSite Realty Corp.
1 CoreSite Realty Corp. Finance & Investment Club Real Estate Sector Spring 2017 Senior Analyst: Alex Hall Junior Analysts: Emanuel Andrade, Aaron Yong, Xander Mojarrab, James Alperin Agenda 2 Sub-Industry
More informationAvailability in the Modern Datacenter
Availability in the Modern Datacenter Adriana Rangel SIS Research Director IDC Middle East, Turkey & Africa IDC Visit us at IDC.com and follow us on Twitter: @IDC 2 US$ Mn Middle East IT Market Spending
More informationConsensus Outlook 2018 and 2019
Consensus Outlook 218 and 219 Twenty-fourth Annual Automotive Outlook Symposium June 2, 217 William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago The views expressed herein
More informationWhere does the UK fit within the European Data Centre Landscape?
Where does the UK fit within the European Data Centre Landscape? QUESTIONS 1. Is this a buyers market with more than 25% unsold capacity can we expect a bonanza of low price deals? 2. Some operators are
More informationEvolution For Enterprises In A Cloud World
Evolution For Enterprises In A Cloud World Foreword Cloud is no longer an unseen, futuristic technology that proves unattainable for enterprises. Rather, it s become the norm; a necessity for realizing
More informationUrban Land Institute. November Make Your Move. Brian Beaulieu ITR Economics.
Urban Land Institute November 212 Make Your Move Brian Beaulieu ITR Economics Results for 211 2 Duration Forecast Actual GDP 18 $13.525 $13.332 (-1.4%) US Ind Prod. 11 93.1 (12MMA) 93.8 (.8%) EU Ind. Prod.
More informationM E M O R A N D U M. To: California State Lottery Commission Date: October 16, Item 9(c): Approval to Hire Project Management Consultant
M E M O R A N D U M To: California State Lottery Commission Date: From: Joan M. Borucki Director Prepared By: Linh Nguyen Chief Deputy Director Subject: Item 9(c): Approval to Hire Project Management Consultant
More informationMaking hybrid IT simple with Capgemini and Microsoft Azure Stack
Making hybrid IT simple with Capgemini and Microsoft Azure Stack The significant evolution of cloud computing in the last few years has encouraged IT leaders to rethink their enterprise cloud strategy.
More informationDell EMC Hyper-Converged Infrastructure
Dell EMC Hyper-Converged Infrastructure New normal for the modern data center GLOBAL SPONSORS Traditional infrastructure and processes are unsustainable Expensive tech refreshes, risky data migrations
More informationThe Economic Outlook. Dr. George Mokrzan Director of Economics. November 9, 2017
The Economic Outlook Dr. George Mokrzan Director of Economics November 9, 217 The Economic Outlook for the Nation The U.S. economy (real GDP) is forecasted to grow at a moderate pace of 2.3% in 218, close
More informationDATA CENTER SOLUTIONS
DATA CENTER SOLUTIONS THE LEADING FULL-SERVICE DATA CENTER PROVIDER GLOBALLY CBRE DATA CENTER SOLUTIONS THE LEADING FULL-SERVICE DATA CENTER PROVIDER GLOBALLY Downtime isn t an option, especially when
More information1721 8TH AVENUE NORTH SEATTLE, WA 98109
1721 8TH AVENUE NORTH SEATTLE, WA 98109 EXISTING 8,888 SF OFFICE BUILDING OWNER USER OR MULTIFAMILY DEVELOPMENT OPPORTUNITY DYNAMIC SOUTH LAKE UNION LOCATION NO PROPERTY TOURS CALL BROKER FOR TIMING DO
More informationEconomic Update German American Chamber of Commerce
Economic Update German American Chamber of Commerce Federal Reserve Bank of Chicago October 6, 2015 Paul Traub Senior Business Economist U.S. Real GDP Billions Chained $2009, % Change Q/Q at SAAR $ Billions
More informationThe New Enterprise Network In The Era Of The Cloud. Rohit Mehra Director, Enterprise Communications Infrastructure IDC
The New Enterprise Network In The Era Of The Cloud Rohit Mehra Director, Enterprise Communications Infrastructure IDC Agenda 1. Dynamics of the Cloud Era 2. Market Landscape 3. Implications for the new
More informationQUALCOMM Reports First Quarter Results Revenues $941 Million, $.65 EPS
Contact: Julie Cunningham Vice President, Investor Relations Ph 619-658-4224 Fax 619-651-9303 E-mail: juliec@qualcomm.com QUALCOMM Reports First Quarter Results Revenues $941 Million, $.65 EPS SAN DIEGO
More informationPaper. Delivering Strong Security in a Hyperconverged Data Center Environment
Paper Delivering Strong Security in a Hyperconverged Data Center Environment Introduction A new trend is emerging in data center technology that could dramatically change the way enterprises manage and
More informationPROVIDENCE BUSINESS CENTER 53 ACRE FULLY ENTITLED INDUSTRIAL LAND DEVELOPMENT OPPORTUNITY FEATURING INDUSTRIAL, OFFICE & RETAIL
PROVIDENCE BUSINESS CENTER 53 ACRE FULLY ENTITLED INDUSTRIAL LAND DEVELOPMENT OPPORTUNITY FEATURING INDUSTRIAL, OFFICE & RETAIL 6301 ARCHIBALD AVENUE EASTVALE INLAND EMPIRE, CA NEW MODEL COLONY (120,000
More informationCincinnati Bell Third Quarter 2011 Results. November 3, 2011
Cincinnati Bell Third Quarter 2011 Results November 3, 2011 Today s Agenda Performance Highlights Jack Cassidy, President & Chief Executive Officer Review of Wireline, Wireless, IT Services & Hardware
More informationData center interconnect for the enterprise hybrid cloud
WHITEPAPER Data center interconnect for the enterprise hybrid cloud The world is moving to the cloud. Everything from entertainment and consumer mobile applications to enterprise software and government
More informationEconomic Outlook. William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago
Economic Outlook Illinois Public Pension Fund Association Hoffman Estates, IL February 16, 217 William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago GDP expanded by 1.9%
More informationService Provider Consulting
From Microsoft Services 1 Industry Overview More and more businesses are looking to outsource IT, decrease management requirements and ultimately save money. With worldwide public cloud spending expected
More informationFederal Data Center Consolidation Initiative (FDCCI) Workshop III: Final Data Center Consolidation Plan
Federal Data Center Consolidation Initiative (FDCCI) Workshop III: Final Data Center Consolidation Plan August 10, 2010 FDCCI Agenda August 10 th, 2010 1. Welcome Katie Lewin GSA Director Cloud Computing
More informationTop Priority for Hybrid IT
Make Your Enterprise Network a Top Priority for Hybrid IT Hybrid IT has become a vital element in enterprises digital transformation strategy. But putting in place a hybrid IT framework is one thing, and
More informationCincinnati Bell Inc. March 4, 2013
Cincinnati Bell Inc. March 4, 2013 Safe Harbor This presentation and the documents incorporated by reference herein contain forwardlooking statements regarding future events and our future results that
More informationSocioeconomic Overview of Ohio
2 Socioeconomic Overview of Ohio Introduction The magnitude of the economic impact of Ohio s airports is linked to the demand that is generated within the state for aviation goods and services. As population,
More informationChoosing the Right Cloud Computing Model for Data Center Management
Choosing the Right Cloud Computing Model for Data Center Management www.nsi1.com NETWORK SOLUTIONS INCOPORATED NS1.COM UPDATING YOUR NETWORK SOLUTION WITH CISCO DNA CENTER 1 Section One Cloud Computing
More informationHome to the cloud e-shelter marketplace for a hybrid and multi cloud world. Munich, November 8, 2016
e-shelter marketplace for a hybrid and multi cloud world Munich, November 8, 2016 1 Cloud is everywhere so «Do you still need your data center if everything goes onto to cloud?» «Is cloud a disruption
More informationDDN Annual High Performance Computing Trends Survey Reveals Rising Deployment of Flash Tiers & Private/Hybrid Clouds vs.
DDN Annual High Performance Computing Trends Survey Reveals Rising Deployment of Flash Tiers & Private/Hybrid Clouds vs. Public for HPC HPC End Users Cite Mixed I/O as the Most Difficult Performance Challenge
More informationRELIABILITY AS A SERVICE FOR BUSINESS. by MidEnterprises, LLC
RELIABILITY AS A SERVICE FOR BUSINESS by MidEnterprises, LLC THE OPPORTUNITY Less than 30% of commercial facilities have a reliable back-up power supply Only10-15% of those having existing installations
More informationCloud Computing. January 2012 CONTENT COMMUNITY CONVERSATION CONVERSION
Cloud Computing January 2012 CONTENT COMMUNITY CONVERSATION CONVERSION Purpose and Methodology Survey Sample Field Work December 20, 2011 January 9, 2012 Total Respondents 554 Margin of Error +/- 4.2%
More informationData Centres: The Infrastructure That Underpins The Cloud. May 2017
Data Centres: The Infrastructure That Underpins The Cloud May 2017 Cloud computing is redefining the way that IT services are accessed and delivered On Demand, Self-Service Characteristics Pay-as-you-use,
More information2017 Year End. Southeastern Wisconsin Industrial. Market Research Report
2017 Year End Southeastern Wisconsin Industrial Market Research Report Research Market Report Introduction 2017 was a year of large user deals. Southeastern Wisconsin (SE WI), a market that generally sees
More informationCloud Computing: Making the Right Choice for Your Organization
Cloud Computing: Making the Right Choice for Your Organization A decade ago, cloud computing was on the leading edge. Now, 95 percent of businesses use cloud technology, and Gartner says that by 2020,
More information