Availability & Sublease Tracker | January 2024
Industrial Availability Declines in December 2024: After an increase in November from several new groundbreakings of speculative product, industrial availability in Atlanta declined in December, driven by strong leasing activity.
Sublease Availability Shows Year-Over-Year Decline: Positive tenant demand led to a 19.5% decline in sublease availability year-over-year, despite a small month-over-month increase.
Under-Construction Pipeline at Low Levels, Future Spec Projects Expected: The under-construction pipeline for industrial properties stood at 5,198,515 square feet at the end of December 2024, marking a low point, with additional speculative projects expected to begin in 2025, boosting availability.