ATLANTA INDUSTRIAL ACTIVITY

First Quarter 2024

total atlanta industrial market

839,754,450 sf

TOTAL VACANCY RATE

6.7%

SF LEASED/SOLD

4,300,000 SF in Q1 2024

SF UNDER CONSTRUCTION

15,976,996 SF

AVERAGE RENT/SF

$9.25/SF

MARKET OUTLOOK

With construction starts on the decline, vacancy will continue to tighten in ATLANTA in the coming years.