Atlanta’s industrial market improves upon its start to the year.
The Atlanta industrial market bolstered its Q1 numbers by finishing the first half of the year at +10M in square feet of absorption. While Atlanta saw a slight uptick in vacancy due to 8.7MSF of deliveries in Q1 2022, strong Q2 absorption figures brought the vacancy rate down to 3.4% to end the 2nd quarter. In addition, overall asking lease rates have risen to a record high of $6.04/sf. As a result, Atlanta may see a record amount of deliveries this year in response to the high level of demand and increase of rental rates in the market.
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