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$14.49
$13.20
$1.86
$4.43
INDUSTRIAL COMMITTEE ME MB E RS
Walt Ketchings
NAI/ Latter & Blum
SPECIAL CONTRIBUTOR
Randy Peterson
Chemplant Company www.Chemplant.com
Mike Mooring
The Lakvold Group
14.13%
12%
11.04% 10.08%
10%
11.60%
9.30%
8%
6%
4%
4.74% 1 2 3 4 5 6 7 8 9 10 11 12
Katrina Effect
H I S TO R I C A L VA C A N C Y & N E T A B S O R P T I O N
MEMO VACANCY RATE NET ABSORPTION (SF)
2009 ECON RECESSION 2010 ECON RECESSION 2011 ECON RECESSION 2012 IMPROVING MKT 2013 STABILIZING MKT
H I S TO R I C A L VA C A N C Y & N E T A B S O R P T I O N
Series1
4,000,000
Series2
3,500,000
3,000,000
Square Feet
2,500,000
2,000,000
1,500,000
1,000,000
500,000
1
(500,000)
10
11
12
Katrina Effect
Series2
Series3
23,000,000
Square Feet
21,000,000
19,000,000
17,000,000
15,000,000
Total = 25,517,103 SF
Westport
Industriplex
NOTE: The bigger the dot on the map is, the bigger the vacant building is.
Hwy 30
CLOSE-UP
Choctaw Vacant MORE than 1 year Vacant LESS than 1 year
Westport Industriplex
NOTE: The bigger the dot on the map is, the bigger the vacant building is.
Size (SF) 5,000 - 15,000 5,000 - 15,000 5,000 - 15,000 20,000+ 20,000+
1 Excludes
Lease Rate Range Lease Type (/SF) $8.00 - $12.00 $3.50 - $4.50 $7.00 - $9.00 $3.00 - $4.50 $5.50 - $7.00 Net Net Net Net Net
laydown yard area tilt wall construction with a minimum office/warehouse ratio of 20/80
1Based
( AT D )
SETPOINT
(formerly DMC)
Baton Rouge
TIDAL TANK
TIDAL TANK
EMERSON
Emerson
BENGAL TRANSPORTATION
HIGHWAY 73 (GEISMAR)
HIGHWAY 73 (GEISMAR)
METHANEX
Hwy 30
METHANEX
Mississippi River
IMPALA
GO!