Q2 2022 Northwest Atlanta Industrial Submarket Report

Northwest Atlanta bounced back in Q2, seeing positive absorption of 1,520,339 square feet, the submarket’s second-most positive absorption in a quarter of all time, behind only Q4 of 2021. Despite the record-setting positive absorption, Northwest Atlanta has seen its vacancy rate rise thanks to large amounts of new deliveries. Since the start of Q4 there has been over 5.8 million square feet of new supply in the submarket. Leasing momentum has been strong, and this is a case where many spaces have been accounted for but not yet occupied by a tenant: the amount of available square feet in Northwest Atlanta is lower than the amount of vacant square feet

Published: Aug 24 | 2022 Download