SFL Pulse360 | Page 47

Industrial Statistics //PalmWEST BEACH INDUSTRIAL Q4 2014 Beach | Q4PALM 2014 YTD completions (sf) YTD direct net Direct net Inventory (sf) absorption (sf) absorption (sf) Total net absorption (sf) YTD total net absorption (sf) YTD total net absorption (% of stock) Direct vacancy (sf) Under Direct Total vacancy Total vacancy Average asking construction / vacancy (%) (sf) (%) rent ($ psf) NNN renovation (sf) Palm Beach Total Warehouse & Distribution Manufacturing Totals 240,400 20,543,815 38,290 415,526 62,290 425,955 2.1% 1,181,241 5.7% 1,266,014 6.2% $6.98 0 5,996,062 17,540 122,881 9,440 116,281 1.9% 267,283 4.5% 275,383 4.6% $6.73 750,000 0 240,400 26,539,877 55,830 538,407 71,730 542,236 2.1% 1,448,524 5.5% 1,541,397 5.8% $6.92 750