Atlanta Industrial Figures Report Q4 2025

Key Takeaways

‒Net absorption surged to 5.7-million sq. ft., the highest since 2022, driven by three transactions exceeding 1-million sq. ft. each through leases or owner-user sales.

‒Leasing activity closed the year strong at 17.3-million sq. ft., marking the best quarter of 2025.

‒Direct vacancy fell to 8.0%, its lowest since mid-2024, as large blocks were removed in Q4.

‒Construction activity picked up in Q4 with 2.3-million sq. ft. breaking ground, expanding the pipeline to 7.6-million sq. ft.

‒The average NNN rental rate climbed to $7.54 per sq. ft., a 3.4% increase QoQ.