Not only is the Atlanta industrial market experiencing record absorption, but construction completions are also at an all-time high for the first half of any year in Atlanta's history, according to CBRE. Speculative completions so far this year are at 7.7 million square feet, while build-to-suit completions are at 1.9 million square feet. This brings the overall construction-completion total to 9.7 million square feet. With 18.3 million square feet still under construction, Atlanta is on pace to surpass last year's delivery record of 17.5 million square feet.

“Atlanta's industrial market has never been stronger,” Chris Riley, vice chairman of Industrial National Partners at CBRE, tells GlobeSt.com. “Over the past three years, there have been 35 million square feet of deliveries versus 52 million square feet of positive net absorption. This imbalance of supply and demand has fueled record operating fundamentals in the Atlanta market.”

ATLANTA—Atlanta's white hot industrial market just proved its speculative development strength once again. Trammell Crow Company with its partners Huntington Industrial Partners and Ascentris, sold Fairburn 85 Distribution Center, a class A, speculative industrial building totaling 317,520 square feet to GLP US Management.

Trammell and its partners had strong foresight in the deal that is paying off. The ownership team acquired the 29.73-acre land site, which is located in the Interstate 85 South Atlanta submarket, in 2014.

“This was our first speculative industrial development in Atlanta this cycle…” says Mark Dishaw, principal of Trammell Crow's Atlanta Business Unit​. Chris Riley, Frank Fallon and Trey Barry, all with CBRE Atlanta, represented the owners in the sale.

Fairburn 85 Distribution Center features a 32-foot clear, modern, cross-dock warehouse with ingress and egress. The site is well positioned in the industrial market along Interstate 85, providing direct connection to Atlanta's Interstate 285 metro loop. It is close to Hartsfield-Jackson International Airport and the CSX Intermodal Facility.

Not only is the Atlanta industrial market experiencing record absorption, but construction completions are also at an all-time high for the first half of any year in Atlanta's history, according to CBRE. Speculative completions so far this year are at 7.7 million square feet, while build-to-suit completions are at 1.9 million square feet. This brings the overall construction-completion total to 9.7 million square feet. With 18.3 million square feet still under construction, Atlanta is on pace to surpass last year's delivery record of 17.5 million square feet.

“Atlanta's industrial market has never been stronger,” Chris Riley, vice chairman of Industrial National Partners at CBRE, tells GlobeSt.com. “Over the past three years, there have been 35 million square feet of deliveries versus 52 million square feet of positive net absorption. This imbalance of supply and demand has fueled record operating fundamentals in the Atlanta market.”