Atlanta’s industrial market continues to show strength in the third quarter. The vacancy rate declined from last quarter, as demand comfortably outpaces new supply.
More impressively, leasing activity in Georgia’s capital was strong through the summer months, as industrial tenants felt confident enough to sign deals despite the economic uncertainty caused by the coronavirus pandemic. Major move-ins expected to occur in the fourth quarter will also help offset supply-side pressure in the near term. Home Depot and Bang Energy are expected to move into large blocks of space in the coming months.Read more