Atlanta’s Northeast submarket boasts largest increase in industrial growth over the last five years
– The Northeast submarket recorded the most industrial occupancy growth over the last five years, registering over 83 msf in net absorption.
– The Northeast represented 28% of the total amount of net absorption across the Atlanta market over the last five years catching up to South Atlanta’s total activity which accounts for 42% and is made up of the Airport/North Clayton, I-75 South and I-85 South submarkets.
– Strong occupancy growth over the last 5 years can mainly be attributed towards a rise in e-commerce pushing Amazon to expand their footprint as well as other prominent retailers and distribution companies.
August 28, 2023
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