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Expansion Continues At Year-End And Forecasted Into 2019
4Q18 Atlanta Industrial Market

The Atlanta industrial market ended 2018 with very strong fundamentals, as demand continued to grow at the torrid pace of the past two years. Annual net absorption reached
its second-highest total in more than 10 years, causing vacancy to drop and asking rents
to increase across all property types. Retailers signed four of the largest leases of
the fourth quarter, and logistics companies continued to lease large blocks of space
throughout the market.


The quarter’s vacancy rate of 6.8% ended more than 10 years of rates
above 7.0% for Atlanta’s industrial market.
Annual net absorption totaled 19.6 million square feet, just shy of the
annual record of 21.6 million square feet set last year.
In the past five years, 70.8 million square feet has been constructed
—12.6% of the overall inventory.

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Marianne Skorupski
Research Director, Southeast 
404.806.2724
3455 Peachtree Road NE Suite 1800, Atlanta, GA 30326 770-552-2400

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