Q1 2022 Atlanta Industrial Market Report

After a record-breaking Q4 and 2021, the Atlanta industrial market got off to a slower start in 2022, with positive absorption of over 2.6 million square feet in Q1. While still a positive indicator for the Atlanta industrial market, this is the lowest quarterly absorption figure the market has posted since Q1 2020. The market’s overall vacancy rate rose 70 basis points (0.7%) in Q1, finishing at 4.0%. Despite the rise, this is still the second-lowest vacancy rate in the past 20 years. Rental rates rose 5.3% to $5.14 in Q1 and have risen 12.2% over the past year.

Published: Apr 26 | 2022 Download