Search
 

Industrial Development at Stable Pace

ATLANTA-The tallest bar on the graph is in the south metro area as the airport expansion displaces some 3.4 million sf of existing space.

By Judith Schonbak | Updated on December 01, 2000

ATLANTA-The area’s industrial development has long been a strong component of area growth, given the metro area’s location as a transportation center for highway, rail and air. Occupancy rates for industrial space in the metro market was at 84.8% in the third quarter, according to Richard Bowers & Co.’s analysis. Absorption and deliveries were in balance in the nine markets that comprise the metro area.

The industrial market absorbed 4.2 million sf in the third quarter, and net deliveries totaled 591,178 sf. Total sf of the nine markets is about 334.7 million sf. Currently, some 10.8 million sf is under construction. The northeast quadrant along I-85 corridor is one of the leading areas of development.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.