Atlanta’s industrial market continues to roll along to new heights. While net absorption was down this quarter, it was still a robust 5.3 MSF and now top 26.3 MSF for the year, which tops the record set in 2017. In addition, the vacancy rate dropped to a record low of 4.4%, down 50 basis points in just 90 days, and the lowest rate ever seen. Due to the high demand for space, rental rates are…
Q3 2021 Atlanta Industrial Submarket Reports
I-20 / Fulton Industrial Submarket Report Northwest Submarket Report Northeast Submarket Report South Atlanta Submarket Report
Q3 2021 Atlanta Office Submarket Reports
Our 2021 Q3 Office Submarket Reports have arrived! Click on the images below to read:
Q2 2021 Atlanta Office Submarket Reports
Our 2021 Q1 Office Submarket Reports have arrived! Click on the images below to read:
Q2 2021 Atlanta Office Market Report
https://youtu.be/FUYgVyYs7wU Quarter two was another tough quarter for the Atlanta office market. Many office buildings are running at less than 35% capacity, as the goalpost for workers to return to the office has moved until after Labor Day. Net absorption was a positive 133,978 SF for Q2, the first positive absorption quarter in a year. Average asking rental rates increased $.40 over Q1 moving up to $28.97, while 1.6 MSF of new space delivered and…
Q2 2021 Atlanta Industrial Market Report
The Second Quarter Atlanta Industrial market continues to sizzle. Overall absorption reached almost 9 MSF, which is one of the strongest quarters ever. At the same time, the vacancy rate has dropped under 5% for the first time in over 30 years. Rental rates continue to increase with high demand and limited supply coming to market. Demand for E-Commerce warehouse space and the need to keep extra supplies on hand are causing users to reevaluate…
Q1 2021 Atlanta Office Submarket Reports
Our 2021 Q1 Office Submarket Reports have arrived! Click on the images below to read:
Q1 2021 Industrial Market Report
A record-setting quarter for the Atlanta Industrial market. South Atlanta lead the way with over 6.5 MSF of absorption. While I-20 West/Fulton Industrial became the tightest market with a vacancy rate of 3.8%. Atlanta continues to be the logistical hub of the Southeastern US and one of the top-performing markets in the country. E-Commerce and the Savannah port are the largest drivers of industrial activity. The Savannah port is outperforming all the other US ports…
Q1 2021 Office Market Report
The return of workers to the office did not happen in Q1, the Atlanta office market has had its two worst quarters back-to-back in terms of net absorption. The losses in the last three quarters, erase all the net absorption gains since 2015. While the vacancy rate has zoomed up 2.8% in just three quarters to 18%; however, the rate remains well below the historic high of 22% reached during the great recession in 2010….