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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


Over the past 8 years, Harrison Marsteller has become an integral part of the Colliers Industrial Agency team where he currently oversees a 6.5M SF portfolio of industrial assets, developments and build-to-suit opportunities. Through his experience, Harrison aligns his clients’ needs with a strategic approach and unparalleled market knowledge that allows them to maximize the value of their real estate portfolio. He has served as a single point of contact to a variety of institutional owners including private and public REITs, pension funds, insurance companies and developers. 

In addition to his experience on the agency side, Harrison focuses on site selection, identifying development opportunities for both owners and users as they look to expand their footprint in the Atlanta MSA. His experience in all phases of the building cycle provides his clients with a unique perspective and helps them to identify opportunities regardless of the market conditions.

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