ATLANTA INDUSTRIAL ACTIVITY

Year End 2024

total atlanta industrial market

856,245,352 sf

TOTAL VACANCY RATE

7.9%

SF LEASED/SOLD

4,300,000 SF in Q1 2024

SF UNDER CONSTRUCTION

17,740,232 SF

AVERAGE RENT/SF

$9.66/SF

MARKET OUTLOOK

Vacancy will continue to rise throughout 2025 due to a combination of demand being lower than expected and a record wave of 200,000 SF and above deliveries.  Construction starts have declined as well contributing to the tighter vacancies.