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Atlanta Build to Suit Beating Out Spec

ATLANTA—Xceligent reports that build-to-suit buildings are breaking ground sooner than speculative buildings in Atlanta. Find out what else is going on in this metro market.

By Jennifer LeClaire | Updated on June 04, 2014

ATLANTA—Leasing activity started off strong this first quarter of this year for the Atlanta industrial market. Absorption was positive 1.9 million in the quarter, with additional leases totally about 2.2 million in the second quarter. So says Xceligent’s  1st Quarter 2014 Industrial Market Trends report.

According to Xceligent, tenants occupying space in the second quarter are: Topcu leasing 153,000 square feet in the East submarket, The Dixie Group leasing 292,000 in the Northwest submarket, Embraco North American leasing 126,144 square feet in the Northeast. Total Sweeteners leasing 235,719 in the West submarket, and Amazon will be occupying their 301,000 square foot space this quarter in the South submarket.

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