ATLANTA—Despite already being a major logistics nexus, Georgia’s capital region is in the relative early stages of its industrial development. That was among the observations of a panel discussing the industrial market during RealShare Atlanta at the Georgia Aquarium yesterday. However, several factors have the region poised for rapid growth.
“Looking at Atlanta from an industrial perspective, we are in the second or third inning,” said Corey Richardson, regional director of First Industrial Realty Trust. “Other areas have progressed faster. There is now some strength among the markets. Business tied to the housing industry is coming back, as is building supply and anything related to single-family housing.”