Atlanta Industrial Big-Box Report Q1 2026

Key Takeaways

—Absorption gains in the back half of 2025 continued into the new year as just over 4.6-million sq. ft. was absorbed in Q1 2026; led by large owner-user sales.

—Atlanta's big-box vacancy rate is below 10% for the first time in four years.

—Flight-to-quality continues to play out in the market; however, older buildings built before 2010 have seen steady leasing over the past 6 months as a result of reduced availability in post-2010 buildings.

—Though the overall average rent for big-box industrial in Atlanta increased yet again this quarter, it is up only 2% since the end of 2024.

*Note: Big-Box Criteria includes an industrial facility of at least 200,000 sq. ft., used as a traditional warehouse or distribution center.