Figures
Atlanta Industrial Figures Report Q4 2024
January 10, 2025 10 Minute Read
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‒In 2024, leasing activity reached 56.4-million sq. ft., marking the third-highest level ever recorded in the Atlanta industrial market.
‒The annual net absorption increased by 26.4% YoY, reaching 13.9-million sq. ft.
‒The direct vacancy rate climbed to 8.4%, the highest level since 2015.
‒The market saw 21.0-million sq. ft. delivered in 2024, the lowest level of construction completions since 2021.
‒The asking rental rate declined slightly QoQ to $7.32 and remained flat when compared YoY.