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March 5, 2021. INDUSTRIAL REAL ESTATE MARKET OVERVIEW 2021 • Market trends: Vacancy rates, absorption, rental rates and new construction activity • Discussion of tenant needs and how landlords are adapting their properties • Which sub-markets are seeing the most expansion, which are struggling? • Update on recent sale transactions, cap rates and the investment market • Who is driving the market and how to position properties to take advantage of the current market? • Effect of legalization of marijuana in other markets, is Texas next? How to prepare? Rives Nolen Senior Vice President CenterPoint Properties Justin Robinson Partner Stream Realty Partners – Houston Jeff Venghaus, SIOR Executive Vice President JLL THE STATE OF INDUSTRIAL DEVELOPMENT • Rising construction costs and the effect on development, rents, and ability to sign leases • How to anticipate and meet emerging tenant needs • Controlling and owning land (past to present nuances, cashing in on owned land) • Financing development: acquisition, site improvements, infrastructure, lending requirements • The market for built-to-suit and exit strategies (investment sales, pre-sales) Kevin Sager Vice President EastGroup Properties David Wheeler Executive VP of Acquisitions and Finance Hardman Income REIT – Dallas Charlie Meyer President Lovett Industrial Gary Mabray Principal Colliers International – Houston EMERGING TRENDS IN LOGISTICS AND INDUSTRIAL REAL ESTATE • Evolving needs of logistics companies • The effect of continuing growth of the “Amazon Effect” • What is driving the new massive-scale project in Houston MSA? • Growing demand for last mile delivery options and cold storage Craig Rhodes Senior Director Regional Economic Development at Greater Houston Partnership Walker Barnett Principal Colliers International – Houston Maureen Solomon Vice President of Sales WATCO Companies – Houston Robert Wheless Senior Vice President – South Region Logistics Property Company, LLC