Q4 2020 Atlanta Industrial Sales Report

Industrial cap rates have continued to march downward, falling from 6.34% in 3Q 2017 to 4.92% as of 3Q 2020. Cap Rates for Class A buildings have been particularly impressive, falling from 5.37% in 1Q 2018 to 4.67% in 4Q 2020. This is also taking into consideration that average asking rate across industrial Atlanta metro markets has grown at an impressive 5.38% annual rate from EOY 2019 to EOY 2020. At $1.14B, sale volume in 4Q 2020 is up by more than double the sales volume in 3Q 2020, recording the largest sales volume the Atlanta market has ever seen in a quarter and a year.  The average building size for reported 4Q 2020 sales is 410K SF, which is up slightly from the 3Q 2020 transaction size of 378K SF.

Published: Jan 21 | 2021 Download