→ After setting a quarterly leasing record in Q3, Atlanta’s industrial market continued to tighten in October. Total available space fell 1.2% month over month to 102.4 million SF, a decline of 1.3 million SF.

→ Sublease availability fell by 835,000 SF to 10.1 million SF, led by a 769,000-SF South Atlanta sublease that was inked. New sublease listings were smaller: 13 spaces averaging about 37,000 SF each, pointing to modest tenant givebacks rather than a wave of large blocks.

→ Atlanta’s development pipeline reached nearly 15.8 million SF under construction, its highest level in more than two years. If strong bulk leasing continues and large-block availability remains limited, we expect development in the bulk sector to pick up heading into 2027.