Activity was greatest in two major markets, South Atlanta and the Northeast quadrant, according to Tim Schneider, vice president, Grubb & Ellis Industrial Services Group. The South Atlanta area, including Henry County where a number of large projects have been and are being developed, absorbed 4.5 million sf . Following closely was the Northeast area, including much of Gwinnett County, with 4.4 million sf.
The size of deals was across the board, Schneider tells GlobeSt.com, but "in South Atlanta, the trend was toward big deals, particularly since big blocks of space were built and available."
Space delivered during 2000 totaled more than 16.4 million sf. Owner-occupied space accounted for about two million sf. At the close of last year, the metro area had more than 10.6 million sf under construction, led by the Northeast quadrant with 3.6 million sf and South Atlanta with 3.5 million sf.
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