(To read more on the industrial market, click here.)
ATLANTA-Bulk warehouse leasing deals, in the 500,000-sf-plusrange for the past two years, slowed in the second quarter asshallow bay distribution space absorption was up 85% from mid-year2005 levels, according to new research by Atlanta-based ColliersSpectrum Cauble.
Net warehouse absorption totaled only 389,107 sf compared to970,682 sf leased in the shallow bay category and 233,441sf in flexspace. Year-to-date, shallow bay leasing totaled 1.89 million sf;warehouse, 1.7 million sf; and flex space, 51,966. Flex had anegative first-quarter absorption of 181,475 sf. Total marketvacancy is at 11.8% versus 11.4% in the first quarter.
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