Research

Vacancy in Atlanta’s industrial market climbed to 9.5% in Q2, marking a shift driven by large tenant move-outs, delayed occupancies, and rising sublease availability. Despite negative net absorption for the first time in two years, strong renewal activity—particularly among tenants from the 2020 leasing cycle—reflects continued long-term confidence. New construction has slowed significantly, with just 4M SF delivered so far in 2025 and 5.5M SF still underway. This disciplined approach to development, combined with steady…

  What’s Happening? Atlanta’s industrial market saw vacancy rise to 9.5% in Q2, driven by major tenant move-outs, delayed move-ins, and a continued increase in sublease availability. The move-outs pushed net absorption into negative territory for the first time in two years. Despite this, leasing activity remained solid—particularly among renewals—as many tenants who signed in 2020 opted to stay, demonstrating confidence in the market. The renewal trend, combined with limited new supply, is expected to…

  Sublease Availability Reaches New High: Sublease space climbed another 1.3 MSF in July, due in large part to a new 1 MSF addition from CJ Logistics in South Atlanta—marking two consecutive months of major block entries. Total Availability Inches Up, Market Absorbing Gradually: Overall space rose by 2.5 MSF month-over-month to 103.5 MSF. While availability remains elevated, the pace of increase is slowing—suggesting the market may be gradually absorbing recent disruptions. Construction Activity Nudging…

Download Industrial Report Download Office Report Download Savannah Report

  Sublease Availability Hits Another New Peak: Sublease space climbed to 12.9 MSF in June 2025, up from 11.8 MSF in May, setting a new high for the current cycle. The continued rise is being driven by large space additions, including ASOS’s 1.04 MSF in South Atlanta. Overall Availability Surpasses 100 MSF: Total available space rose to 101.0 MSF in June, up from 99.4 MSF in May. The 1.6 MSF increase reflects sustained occupier caution,…

The resurgence of U.S. manufacturing underscores a powerful trend of economic revitalization driven by reshoring and strategic investment. In 2024, 244,000 manufacturing jobs were created through reshoring and foreign direct investment, marking one of the strongest annual performances historically. This momentum reflects federal initiatives such as the CHIPS and Science Act and the Inflation Reduction Act, significantly boosting investments in sectors like semiconductors, electric vehicles (EV), and renewable energy. Georgia exemplifies this national manufacturing growth….

  Sublease Availability Hits New Peak: Sublease space rose to 11.8 MSF in May 2025, up from 10.8 MSF in April, marking the highest level of the current cycle. While elevated, sublease availability remains within the 1.0%–1.3% forecasted range of total inventory. Overall Availability Approaches 100 MSF: Total available space increased by 2.3 MSF month-over-month to 99.4 MSF, driven by continued caution among occupiers and a pause in large-block leasing activity. Leasing Slows, But No…

Sublease space is on the rise again in Atlanta’s industrial market. For those watching closely, it’s a familiar cycle—economic uncertainty creeps in, tenants go pencils down, and space quietly returns to the market. In April 2025, available industrial sublease space climbed to 10.8 million square feet, up from a low of 8.9 million in October. It’s a return to a pattern that anyone who’s followed this market long enough will recognize. The data doesn’t suggest…

  Sublease Availability Climbs but Within Expected Range: Sublease space reached 10.8MSF in April 2025, driven by Saddle Creek’s 780KSF in South Atlanta. Sublease space now accounts for 1.2% of total inventory—right in line with the 1.0%–1.3% range projected in the Lee Atlanta Industrial 2025 Forecast. Industrial Overall Availability: Total availability increased by approx. 700KSF to 97.1MSF in April, a nominal rise driven by slower but steady leasing activity and economic uncertainty. Fundamentals Remain Stable…