Research

 The Savannah industrial market has seen record growth in the last year as the vacancy rate dropped below 2% and under construction eclipsed 23 MSF in Q1 2022.  As e-commerce continues to dominate shipping demands, Savannah’s port now provides more accessibility to larger ships due to a recently finished dredging project that has expanded and deepened the Savannah Harbor. The newly completed dredging has altered 32 miles of the Savannah River and will now accommodate…

The Atlanta Industrial market continues to see tremendous growth as we enter 2022. Net absorption has dipped to 2.9 MSF in Q1-2022 due to supply delays for racking systems and interior buildouts. The consistently low vacancy rates have allowed landlords to push the average asking rental rate over 10% in the last year as it currently sits at $7.10 per square foot. The under-construction pipeline has increased dramatically in the last year as it has…

The Atlanta office market continues to combat the lingering effects of the pandemic as the vacancy rate has increased 40 basis points in the last quarter and net absorption has decreased over 1.4 MSF from Q4-21 to Q1-22. Sales activity has skyrocketed entering the new year as the sales volume for the first quarter of 2022 reached $900M, in comparison to the $250M that took place at the end of 2021. Under construction provides some…

Northwest Submarket Report Northeast Submarket Report I-20 West | Fulton Industrial Submarket Report South Atlanta Submarket Report

Our 2021 Q4 Office Submarket Reports have arrived! Click on the images below to read:            

The Atlanta Industrial market has continued its hot streak throughout 2021. The vacancy rate dropped to a new record low of 3.5% in Q4 and has proven that the Atlanta industrial market will continue to be a national powerhouse. Net absorption in the Atlanta Industrial market continues to rise as it reaches 40.6 MSF for 2021, which is more than twice the amount of absorption for 2021. Due to the overall lack of space for…

Atlanta’s Office Market has been dealing with the effects of the coronavirus pandemic over the past several quarters. Despite landing major tenants like Microsoft. Carvana, and Hapag-Lloyd, overall leasing activity hasn’t crossed pre-pandemic levels. Uncertainty surrounding the pandemic has affected tenants’ abilities to maintain or increase their physical footprints, which will continue to weigh this sector down until leasing returns to pre-pandemic levels. Rent growth has slowed down across the city. It has remained stagnant…