Strategic Advantages

2014 Economic Forecast
Mike Berry
President
Hillwood Properties
Strategic Advantages
Strategic Advantages

2014 Economic Forecast: Year of the Rebound?
Presented by Mike Berry
President, Hillwood Properties
...
Regional Growth Trends
Strategic Advantages
D/FW METROPLEX
§  Fourth-largest population center nationally with
approximat...
Real Estate Growth Trends
Strategic Advantages
MULTIFAMILY SECTOR
Multifamily
Existing Units

3Q12

3Q13

% Change

649,16...
Real Estate Growth Trends
Strategic Advantages
OFFICE SECTOR
Office

3Q12

3Q13

% Change

Existing SF

339,072,504

340,6...
Real Estate Growth Trends
Strategic Advantages
RETAIL SECTOR
Retail

3Q12

3Q13

% Change

Existing SF

372,074,288

374,5...
Real Estate Growth Trends
Strategic Advantages
INDUSTRIAL/MANUFACTURING SECTOR
Industrial

3Q12

3Q13

Existing SF

779,02...
Fast Growing Submarkets
Strategic Advantages
Overview
18,000 ACRES, MASTER PLANNED – 35,000 JOBS
Denton
20 min.

DFW
Airport
20 min.

FW CBD
20 min.!
Overview
Strategic Advantages
ECONOMIC ENGINE TO NORTH TEXAS
DEVELOPMENT STATISTICS
§ $7.71 billion invested
§ $43.74 bi...
Alliance Gateway

Strategic Advantages
17 MILLION SQUARE FEET DEVELOPED
Alliance Center
Strategic Advantages
3.6 MILLION SQUARE FEET DEVELOPED
Westport at Alliance
Strategic Advantages

5 MILLION SQUARE FEET DEVELOPED

Photo Date 6.28.13
ALLIANCE TOWN CENTER – MASTER DEVELOPMENT PLAN
Alliance Town Center
1.4 MILLION SQUARE FEET DEVELOPED

The
Boardroom
Salon for Men

FIVE GUYS

®

BURGERS and FRIES
Alliance Town Center
Strategic Advantages

ALLIANCE TOWN CENTER NORTH

Hillwood Commons I
Corporate Residents
Strategic Advantages

INDUSTRY CLUSTERS
Automotive

Aerospace/
Aviation

Logistics

Electronics

Pharm...
New Growth

Strategic Advantages

1.1M SF
2,000 Jobs
E-Commerce Fulfillment
788,000 SF
1,000 Jobs
E-Commerce Fulfillment
1...
Impact of the Panama Canal
Strategic Advantages

WHAT WILL IT MEAN FOR TEXAS?

§  Expansion delayed until 2015
§  Port o...
Other Things to Watch
Strategic Advantages

§  Constitutional Amendments – Proposition 6 Water
§  Transportation Funding...
Strategic Advantages

2014 Economic Forecast: Year of the Rebound?
Presented by Mike Berry
President, Hillwood Properties
...
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2014 Economic Forecast : Mike Berry President Hillwood Properties, October 25, 2013

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2014 Economic Forecast : Mike Berry President Hillwood Properties

  1. 1. Strategic Advantages 2014 Economic Forecast Mike Berry President Hillwood Properties
  2. 2. Strategic Advantages
  3. 3. Strategic Advantages 2014 Economic Forecast: Year of the Rebound? Presented by Mike Berry President, Hillwood Properties November  6,   2013 October 25,2013  
  4. 4. Regional Growth Trends Strategic Advantages D/FW METROPLEX §  Fourth-largest population center nationally with approximately 6.5 million residents §  Metroplex workforce is approximately 3 million §  Projected 1.5 to 2.0 million in population growth over next decade. §  Fifth-largest metropolitan economy in the United States with a $401 billion GDP that outpaces Venezuela, Thailand and Denmark (Source: IHS Global Insight) §  $15 billion of highway construction underway in North Texas
  5. 5. Real Estate Growth Trends Strategic Advantages MULTIFAMILY SECTOR Multifamily Existing Units 3Q12 3Q13 % Change 649,164 662,037 1.98% Vacancy 6.20% 5.60% -9.68% New Deliveries (Units) 6,501 12,873 98.02% 10,146 15,934 57.05% Absorption (Units)
  6. 6. Real Estate Growth Trends Strategic Advantages OFFICE SECTOR Office 3Q12 3Q13 % Change Existing SF 339,072,504 340,691,359 .48% Vacancy 16.00% 15.00% -6.25% New Deliveries YTD (SF) 1,423,592 1,963,800 37.95% Absorption (SF) 2,456,693 3,875,388 57.75%
  7. 7. Real Estate Growth Trends Strategic Advantages RETAIL SECTOR Retail 3Q12 3Q13 % Change Existing SF 372,074,288 374,543,184 0.66% Vacancy 8.40% 7.60% -9.52% New Deliveries YTD (SF) 1,854,426 1,877,493 1.24% Absorption (SF) 3,436,903 3,411,436 -0.74%
  8. 8. Real Estate Growth Trends Strategic Advantages INDUSTRIAL/MANUFACTURING SECTOR Industrial 3Q12 3Q13 Existing SF 779,028,445 782,778,360 0.48% Vacancy 8.80% 7.80% -11.36% 372,322 2,089,793 461.29% 8,574,106 7,382,427 -13.90% New Deliveries YTD (SF) Absorption (SF) % Change
  9. 9. Fast Growing Submarkets Strategic Advantages
  10. 10. Overview 18,000 ACRES, MASTER PLANNED – 35,000 JOBS Denton 20 min. DFW Airport 20 min. FW CBD 20 min.!
  11. 11. Overview Strategic Advantages ECONOMIC ENGINE TO NORTH TEXAS DEVELOPMENT STATISTICS § $7.71 billion invested § $43.74 billion economic impact § 32.7 million+ SF developed § 344 corporate residents § 65 companies listed on the Fortune 500, Global 500 or Forbes’ Top List of Private Firms § 35,000+ employees § Fastest growing area of the nation’s fastest growing metropolitan city (500,000+) § Population of 1.5 million within 15 miles of Fort Worth Alliance Airport AllianceTexas Corporate Base
  12. 12. Alliance Gateway Strategic Advantages 17 MILLION SQUARE FEET DEVELOPED
  13. 13. Alliance Center Strategic Advantages 3.6 MILLION SQUARE FEET DEVELOPED
  14. 14. Westport at Alliance Strategic Advantages 5 MILLION SQUARE FEET DEVELOPED Photo Date 6.28.13
  15. 15. ALLIANCE TOWN CENTER – MASTER DEVELOPMENT PLAN
  16. 16. Alliance Town Center 1.4 MILLION SQUARE FEET DEVELOPED The Boardroom Salon for Men FIVE GUYS ® BURGERS and FRIES
  17. 17. Alliance Town Center Strategic Advantages ALLIANCE TOWN CENTER NORTH Hillwood Commons I
  18. 18. Corporate Residents Strategic Advantages INDUSTRY CLUSTERS Automotive Aerospace/ Aviation Logistics Electronics Pharmaceutical/ Health Care Consumer Goods/ Services
  19. 19. New Growth Strategic Advantages 1.1M SF 2,000 Jobs E-Commerce Fulfillment 788,000 SF 1,000 Jobs E-Commerce Fulfillment 1.3M SF 500 Jobs Manufacturing 445,000 2,000 Jobs Manufacturing
  20. 20. Impact of the Panama Canal Strategic Advantages WHAT WILL IT MEAN FOR TEXAS? §  Expansion delayed until 2015 §  Port of Houston well-positioned §  Potential for North Texas growth due to inland port capabilities §  Strong potential for more export; specifically energy section
  21. 21. Other Things to Watch Strategic Advantages §  Constitutional Amendments – Proposition 6 Water §  Transportation Funding Initiatives – November 2014 §  Continued Growth of E-Commerce Fulfillment Activity §  Continued Growth of Manufacturing Activity
  22. 22. Strategic Advantages 2014 Economic Forecast: Year of the Rebound? Presented by Mike Berry President, Hillwood Properties November  6,   2013 October 25,2013  

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