The Atlanta market posted an impressive 8.3 million sq. ft. of positive absorption in Q3 2020, the second highest amount on record for a single quarter.
Leasing activity reached 7.7 million sq. ft. for Q3 2020, bringing the annual total to 35 million sq.ft..
Despite the completion of over 4 million sq. ft. of new industrial product, the Atlanta vacancy rate decreased 80 basis points to 6.5%, proving that construction is well paced and balanced with demand.