Atlanta Industrial – 3Q 2019 New Developments

The construction pipeline in Atlanta’s industrial market remains strong through the third quarter of 2019.  The 16.9M SF of product currently under construction marks the continued acceleration of new construction: average under construction pipeline in Atlanta over the course of 2018 was 15.3M SF, average square footage under construction in 2017 was 13.3M SF, in 2016 was 14.7M SF, and continues to shrink moving further back in time. Along with a robust construction pipeline, deliveries to date in 2019 are also strong: 8.2M SF delivered YTD puts 2019 on pace to match 2018, and ranks second behind only 2016 for total square footage delivered. With regard to buildings currently under construction: they are large and relatively unleased.

Published: Nov 05 | 2019 Download
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