Figures
Atlanta Industrial Figures Report Q1 2025
April 14, 2025 10 Minute Read
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‒ Due to a lack of deals over 500K SF, leasing activity declined to 10.8-million sq. ft., the lowest level since Q3 2023.
‒ This decline in leasing activity led to a reduction in net absorption, which fell to 940K sq. ft.
‒ The market saw 2.1-million sq. ft. delivered in Q1 2025, the lowest amount for a quarter since 2015.
‒ The direct vacancy rate slightly declined QoQ to 8.1%, marking the first decline in vacancy since Q2 2022.
‒ At $7.21, the asking NNN rental rate declined for a second consecutive quarter for the first time since 2010.