Q2 2022 Atlanta Industrial Market Report

The Atlanta industrial market is off to a strong start in the first half of 2022, with positive absorption of 5,089,414 square feet, bringing the year-to-date total to 9,753,209 square feet. This is in-line with the historical absorption figure for a healthy Atlanta industrial market, albeit now with a much lower vacancy rate, which currently sits at 3.6%. This represents the second-lowest vacancy rate for the Atlanta industrial market in the past 20 years. Average rental rates rose to $5.37, an 11.9% rise in the past 12 months. Atlanta’s industrial construction pipeline has continued to set new market records, with 145 buildings totaling over 51 million square feet under construction as of Q2.

Published: Jul 28 | 2022 Download