{"id":4886,"date":"2024-08-08T15:33:28","date_gmt":"2024-08-08T19:33:28","guid":{"rendered":"https:\/\/www.lee-associates.com\/atlanta\/?p=4886"},"modified":"2025-08-18T15:10:03","modified_gmt":"2025-08-18T19:10:03","slug":"availability-sublease-tracker-august-2024","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/atlanta\/2024\/08\/08\/availability-sublease-tracker-august-2024\/","title":{"rendered":"Availability &amp; Sublease Tracker | August 2024"},"content":{"rendered":"<div id=\"pl-4886\"  class=\"panel-layout\" ><div id=\"pg-4886-0\"  class=\"panel-grid panel-no-style\"  style=\"margin-bottom: 10px\" ><div id=\"pgc-4886-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-4886-0-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-c67d20f9f743-4886\"\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\t<a href=\"https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2024\/08\/Availability_Sublease_Tracker__August2024.pdf\"\n\t\t\ttarget=\"_blank\" rel=\"noopener noreferrer\" \t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2024\/08\/EmailHeader_August2024-768x593.jpg\" width=\"768\" height=\"593\" srcset=\"https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2024\/08\/EmailHeader_August2024-768x593.jpg 768w, https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2024\/08\/EmailHeader_August2024-512x396.jpg 512w, https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2024\/08\/EmailHeader_August2024-1280x989.jpg 1280w, https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2024\/08\/EmailHeader_August2024-1536x1187.jpg 1536w, https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2024\/08\/EmailHeader_August2024-2048x1583.jpg 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" title=\"EmailHeader_August2024\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><\/div><\/div><div id=\"pg-4886-1\"  class=\"panel-grid panel-no-style\"  style=\"margin-bottom: 30px\" ><div id=\"pgc-4886-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-4886-1-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"1\" style=\"margin: 0px 80px 0px 80px;\" ><div style=\"padding: 0px 80px 0px 80px;\" class=\"panel-widget-style panel-widget-style-for-4886-1-0-0\" ><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>Atlanta's industrial real estate market had its second straight monthly decline in sublease availability, with a reduction of 441,751 square feet in July 2024.\u00a0 \u00a0One of the main drivers was eFulfill's takedown of 468,827 square foot space in I-20 West. The overall market availability (comprised of under construction, sublease space, vacant space, and occupied space marketed as \"available\") has also decreased, thanks to robust leasing activity this quarter.<\/p>\n<p>We are likely to see diverse market factors impacting the Atlanta industrial market for the rest of this year, including:<\/p>\n<ul>\n<li>The Presidential election in November may cause a delay in some real estate decisions.<\/li>\n<li>A 250 basis point reduction in the interest rate by the Fed in September could encourage developers and capital markets to sharpen their pencils.<\/li>\n<li>Continued absorption coupled with ten-year low volumes of Under Construction inventory may spur a mild increase in construction starts.<\/li>\n<\/ul>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><div id=\"pg-4886-2\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-4886-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-4886-2-0-0\" class=\"so-panel widget widget_sow-button panel-first-child panel-last-child\" data-index=\"2\" style=\"margin: 0px 20px 20px 20px;\" ><div style=\"padding: 0px 20px 20px 20px;\" class=\"panel-widget-style panel-widget-style-for-4886-2-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-button so-widget-sow-button-flat-33927b0b7ff5-4886\"\n\t\t\t\n\t\t><div class=\"ow-button-base ow-button-align-center\"\n>\n\t\t\t<a\n\t\t\t\t\thref=\"https:\/\/www.lee-associates.com\/atlanta\/wp-content\/uploads\/sites\/77\/2024\/08\/Availability_Sublease_Tracker__August2024.pdf\"\n\t\t\t\t\tclass=\"sowb-button ow-icon-placement-left ow-button-hover\" \t>\n\t\t<span>\n\t\t\t\n\t\t\tView Report\t\t<\/span>\n\t\t\t<\/a>\n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Atlanta&#8217;s industrial real estate market had its second straight monthly decline in sublease availability, with a reduction of 441,751 square feet in July 2024.\u00a0 \u00a0One of the main drivers was eFulfill&#8217;s takedown of 468,827 square foot space in I-20 West. The overall market availability (comprised of under construction, sublease space, vacant space, and occupied space marketed as &#8220;available&#8221;) has also decreased, thanks to robust leasing activity this quarter. We are likely to see diverse market&#8230;<\/p>\n","protected":false},"author":44,"featured_media":4887,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,416,5,9],"tags":[],"class_list":["post-4886","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>Availability &amp; Sublease Tracker | August 2024 - 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\/2024\/08\/08\/availability-sublease-tracker-august-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Availability &amp; Sublease Tracker | August 2024\" \/>\n<meta property=\"og:description\" content=\"Atlanta&#039;s industrial real estate market had its second straight monthly decline in sublease availability, with a reduction of 441,751 square feet in July 2024.\u00a0 \u00a0One of the main drivers was eFulfill&#039;s takedown of 468,827 square foot space in I-20 West. 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