Atlanta Sees Nearly Twice National Growth Rate in This Area

Dan Wagner

ATLANTA—Atlanta is seeing development of warehouses and distribution centers at nearly twice the rate of 12 other primary US inland part markets. That’s according to CBRE Group.

“Atlanta’s industrial market has achieved a healthy balance as developers are reacting to the natural drawdown of available supply,” Dan Wagner, CBRE Southeast research manager, tells GlobeSt.com. “Atlanta saw a drop in both the vacancy rate and the overall level of development during the second quarter of 2016, indicating that construction starts are not outpacing demand. While new construction levels are significant, so is tenant demand, so the threat of overbuilding is small as of mid-year 2016. If anything, the market is supply constrained—not since 2001 has the market been this tight.”