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Atlanta Real Estate Market | Industrial Market Report 2021 Q1

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Atlanta Industrial Market Overview - First Quarter 2021

Strong occupancy gains over the first three months of the year were enough for Atlanta's industrial market to take the nation's top spot in total space absorbed this quarter. The 10.8 million square feet also represents the second highest amount of quarterly absorption ever in Atlanta's history.

The positive quarter pushes overall vacancy down to 5.4%, the lowest ever on record. Space demand remains steady and industrial construction in the Atlanta market has increased to just under 29 million square feet to keep pace, another record high.

What you'll learn in this quarter's Atlanta Industrial Market Report:

  • Vacancy and availability
  • Absorption and leasing activity
  • Rental rates
  • Construction activity
  • Sales activity and cap rates
  • Atlanta industrial market forecast and insights
Download the full Colliers Atlanta Industrial Market Report to learn more about the fundamentals shaping the Atlanta market this quarter.


Atlanta Real Estate Market | Industrial Market Report 2021 Q1

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Harrison Marsteller

Senior Vice President, Principal


Harrison Marsteller began his career at Colliers International in Atlanta soon after graduating from University of Alabama with a BBA majoring in Finance and economics. Harrison joined the team of Sean Boswell, Darren Ross and Scott Plomgren, a team of industrial professionals with over 35 years of experience and 90,000,000 SF transacted. 

Harrison’s area of interest and expertise is primarily the Atlanta industrial market, particularly the I-20 West and Northeast Atlanta submarkets.  Harrison provides his clients with site selection, market research, financial analysis, and transactional services including leasing and purchasing new space and subleasing or selling excess space.

Harrison’s focus and dedication to meeting his clients’ needs provides him the ability to deliver outstanding service to both landlords and tenants.



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