(Read more on the industrial market.)

ATLANTA-Industrial leasing is expected to remain on pace with the past two quarters, according to the first quarter market report from Colliers International. About four million sf of industrial space was absorbed in the first quarter, which is similar to absorption levels for the previous two quarters, says Scott Amoson, director of research for Colliers Spectrum Cauble Inc., a member firm of Colliers International Property Consultants.

There was approximately 13 million sf absorbed last year and Amoson predicts a similar amount to be absorbed this year. In the report for the fourth quarter, Amoson predicted that absorption rates would be only be about one million sf to two million sf for the first quarter. One of the most surprising findings while putting together the report for the first quarter was that absorption rates appear that they will remain relatively the same as the previous two years, Amoson tells GlobeSt.com.

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