1. 2014 Real Estate Forecasts – Industrial I1

2. Industrial Market Areas I2

3. Regional Economic Trends by Type Industrial Space – Cap Rates I3 This market is doing well. Rates are dropping due to the confidence in this market and these products relative to alternate investments. Lower rates mean higher values.

4. Louisville MSA Market Performance I4 Overall this leading indicator says the industrial market locally is doing well and will do well in 2014. The rise in 2012 & 2013 exceeds the 2001 recession recovery in magnitude and in a shorter time frame.

5. Louisville Broker Opinion – Market Performance I5 A local measure of interest is the level of traffic visiting a property and the success in sell or leasing to visitors reported by brokers, agents, and owners for flex and warehouse space. Perfect score is 10.

6. Pertinent Characteristics of Industrial Distribution Space I6

7. Louisville Industrial Employment Trends I7

8. Louisville 2012 and 2013 Industrial Rent Performance I8 2013 2012

9. Trended Regional and MSA Industrial Property Sales I9

10. Pertinent Characteristic of Industrial Distribution Vacant Land in Industrial or Business Parks I10