Q1 2022 Northwest Atlanta Industrial Submarket Report

Northwest Atlanta Industrial saw negative absorption of (187,000) square feet in Q1 of 2022 on the heels of a record-setting Q4, where the submarket experienced positive absorption of over 1.8 million square feet, an all-time record for one quarter. While Northwest Atlanta Industrial’s vacancy rate rose 240 basis points (2.4%) in Q1, there is little cause for alarm: the rise in vacancy and negative absorption in Q1 was due to a whopping 1,904,493 square feet of deliveries, most of it spec product.

Published: Jun 03 | 2022 Download