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Atlanta Industrial Big-Box Report | Spring 2021

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SouthAtlanta_2019

Record quarterly absorption for Atlanta's large warehouse and distribution center market

Thanks to large occupancies from owner-occupiers, and anticipated move-ins, Atlanta's bulk market witnessed more than 9 million square feet of positive absorption in the first quarter. Growth in e-commerce and logistics continues to propel the market. 

The strong activity has pushed bulk vacancy down to its lowest level in six years. Steady demand for space, in conjunction with newer product delivering, has resulted in a 3.5% year-over-year rental rate increase for bulk product. The outlook for the year is upbeat with Atlanta likely heading towards a record year of occupancy gains.

What you'll learn in the bi-annual Atlanta Industrial Big-Box Market Report:

  • Distribution center and warehouse vacancy and availability rates
  • Absorption and leasing activity for Atlanta's large warehouse market
  • Average rental rates for large distribution centers and warehouses in Atlanta
  • Current large warehouse construction projects in Atlanta
  • Recent sales activity and cap rates for Atlanta's bulk market
  • Forecasts and insights for Atlanta's large warehouse real estate market

1Q21_BigBox

Atlanta Industrial Big-Box Report | Spring 2021

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Related Experts

Scott Amoson

Director - Research

Atlanta

Scott is the Director of Research for Colliers International in Atlanta, Georgia.  In his role, Scott supports all of the company's brokers in the Atlanta office.  He also manages the Research Associate in the company, and mentors an intern annually during the summer.

Scott began his real estate career in 2000 as a research assistant with Richard Bowers & Co., a local brokerage firm.  He joined Colliers International in Atlanta in 2003.  Scott specializes in aiding the company's clients with geographical, informational and analytical research.  With his extensive knowledge, he provides customized research data including:  market trends, lease and sales comparables, plats/ownership information, demographics, prospect information and economic information.  In addition to supporting the company's brokers and staff, his other responsibilities include compiling and writing quarterly market and submarket newsletters, maintaining the company's internal database of over 10,000 sales and lease transactions, and tracking news/trends related to Atlanta's commercial real estate market.  He is frequently called upon by local news sources for his knowledge and expertise of real estate matters in Atlanta.

As a member of the Colliers International Research Council, he advises on quarterly conference calls and provides valuable input on matters directing the research platform for Colliers International.  Scott was recently selected as the Research Ambassador for the Southeast Region as a part of Colliers International's Centers of Excellence platform.

Scott is a native of Atlanta, and enjoys spending time with his wife Lupe and daughter Sienna.  He is an avid golfer and loves vacationing with family.

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