{"id":3568,"date":"2023-04-25T16:14:50","date_gmt":"2023-04-25T20:14:50","guid":{"rendered":"https:\/\/www.lee-associates.com\/atlanta\/?p=3568"},"modified":"2025-08-18T16:40:57","modified_gmt":"2025-08-18T20:40:57","slug":"q1-2023-atlanta-industrial-market-report","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/atlanta\/2023\/04\/25\/q1-2023-atlanta-industrial-market-report\/","title":{"rendered":"Q1 2023 Atlanta Industrial Market Report"},"content":{"rendered":"<div id=\"pl-3568\"  class=\"panel-layout\" ><div id=\"pg-3568-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-3568-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-3568-0-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"0\" style=\"margin: 10px 10px 10px 10px;\" ><div style=\"padding: 10px 10px 10px 10px;\" class=\"panel-widget-style panel-widget-style-for-3568-0-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-8b5b6f678277-3568\"\n\t\t\t data-overlay-enabled=\"1\" data-overlay-settings=\"{&quot;enabled_for_widgets&quot;:[&quot;sow-image&quot;,&quot;sow-image-grid&quot;,&quot;sow-simple-masonry&quot;],&quot;theme&quot;:&quot;&quot;,&quot;show_delay&quot;:300,&quot;overlay_color&quot;:&quot;#000000&quot;,&quot;overlay_opacity&quot;:0.8,&quot;overlay_position&quot;:&quot;bottom&quot;,&quot;overlay_size&quot;:0.3,&quot;desktop_show_trigger&quot;:&quot;hover&quot;,&quot;touch_show_trigger&quot;:&quot;touch&quot;,&quot;responsive_breakpoint&quot;:&quot;1024px&quot;,&quot;responsive_breakpoint_unit&quot;:&quot;px&quot;,&quot;overlay_animation&quot;:&quot;fade&quot;,&quot;overlay_animation_onscreen&quot;:false,&quot;font_family&quot;:&quot;&quot;,&quot;text_size&quot;:&quot;15px&quot;,&quot;text_size_unit&quot;:&quot;px&quot;,&quot;text_color&quot;:&quot;#fff&quot;,&quot;text_padding&quot;:&quot;22px 22px 22px 22px&quot;,&quot;text_position&quot;:&quot;middle&quot;,&quot;text_align&quot;:&quot;left&quot;,&quot;text_animation&quot;:&quot;&quot;}\"\n\t\t>\n<div class=\"sow-image-container\">\n\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2023\/04\/Q1_2023_Atlanta-Industrial-Market-Report-scaled.jpg\" width=\"1978\" height=\"2560\" srcset=\"https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2023\/04\/Q1_2023_Atlanta-Industrial-Market-Report-scaled.jpg 1978w, https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2023\/04\/Q1_2023_Atlanta-Industrial-Market-Report-396x512.jpg 396w, https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2023\/04\/Q1_2023_Atlanta-Industrial-Market-Report-989x1280.jpg 989w, https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2023\/04\/Q1_2023_Atlanta-Industrial-Market-Report-768x994.jpg 768w, https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2023\/04\/Q1_2023_Atlanta-Industrial-Market-Report-1187x1536.jpg 1187w, https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2023\/04\/Q1_2023_Atlanta-Industrial-Market-Report-1583x2048.jpg 1583w\" sizes=\"(max-width: 1978px) 100vw, 1978px\" title=\"Q1_2023_Atlanta Industrial Market Report\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<\/div><\/div><\/div><\/div><div id=\"pgc-3568-0-1\"  class=\"panel-grid-cell\" ><div id=\"panel-3568-0-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"1\" style=\"margin-bottom: 30px\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p class=\"p1\">Although there is a sustained demand for industrial space in Atlanta, the market activity during Q1 2023 has shown a deceleration. Vacancies have risen slightly off of record lows, ending Q1 with a 50-basis point jump to 4.5%. Overall net absorption fell, with just under 2 million SF newly occupied. While activity cooled in Q1, the rise in sublease space during the Fall of 2022 has subsided and overall availability levels have stabilized. Despite Atlanta\u2019s development pipeline remaining high at 35.6 MSF under construction, only three new projects were initiated during the quarter. First quarter deliveries totaled 8.8 MSF, with more than 43% of the space leased at time of delivery.<\/p>\n<\/div>\n<\/div><\/div><div id=\"panel-3568-0-1-1\" class=\"so-panel widget widget_sow-button panel-last-child\" data-index=\"2\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-button so-widget-sow-button-leeassoc-b5504048a655-3568\"\n\t\t\t\n\t\t><div class=\"leeassoc-so-btn-base ow-button-base ow-button-align-center\">\r\n\t<a href=\"https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2023\/04\/Q1_2023_Atlanta-Industrial-Market-Report.pdf\" class=\"sowb-button ow-icon-placement-left ow-button-hover\" target=\"_blank\" rel=\"noopener noreferrer\" \t\t>\r\n\t\t<span>\r\n\t\t\t\r\n\t\t\tView Our Market Report\t\t<\/span>\r\n\t<\/a>\r\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Although there is a sustained demand for industrial space in Atlanta, the market activity during Q1 2023 has shown a deceleration. Vacancies have risen slightly off of record lows, ending Q1 with a 50-basis point jump to 4.5%. Overall net absorption fell, with just under 2 million SF newly occupied. While activity cooled in Q1, the rise in sublease space during the Fall of 2022 has subsided and overall availability levels have stabilized. Despite Atlanta\u2019s&#8230;<\/p>\n","protected":false},"author":144,"featured_media":3572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,416,5,9],"tags":[],"class_list":["post-3568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-industrial","category-news","category-research"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.6 (Yoast SEO v28.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Q1 2023 Atlanta Industrial Market Report - Atlanta<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/atlanta\/2023\/04\/25\/q1-2023-atlanta-industrial-market-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Q1 2023 Atlanta Industrial Market Report\" \/>\n<meta property=\"og:description\" content=\"Although there is a sustained demand for industrial space in Atlanta, the market activity during Q1 2023 has shown a deceleration. Vacancies have risen slightly off of record lows, ending Q1 with a 50-basis point jump to 4.5%. Overall net absorption fell, with just under 2 million SF newly occupied. While activity cooled in Q1, the rise in sublease space during the Fall of 2022 has subsided and overall availability levels have stabilized. 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