Markets/Georgia
Industrial Market

Atlanta industrial space, the distribution hub of the Southeast.

Atlanta reaches three quarters of the US population on two-day ground, which is why nearly every national distribution network has a building here. Vacancy is in the eight percent range, the pipeline has thinned, and the market is absorbing space. Conditions favor a tenant who moves with a clear requirement rather than one who waits.

8.2%
Vacancy
Overall
$7.76
Asking Rent
NNN per sq. ft. per year
+2.6M
Net Absorption
Sq. ft., Q2 2026
Source: CBRE, Q2 2026. Other brokerage figures below. Last verified September 22, 2026. CBRE and Cushman & Wakefield report direct vacancy. Colliers' 9.0 percent is total vacancy on a different building set.
What this means for a tenant

Where the leverage sits right now.

Vacancy between 7.7 and 9.0 percent depending on the firm, with the pipeline down to the seven to nine million square foot range from much higher levels. Supply pressure is easing, and absorption is positive on every count. The best terms are in buildings that delivered speculatively in 2024 and 2025 and are still unleased, concentrated on the I-85 South and I-20 West corridors.

Colliers' absorption figure of 4.5 million square feet was boosted by the delivery of the Hyundai SK battery plant. Strip that out and the organic absorption is closer to the 2.1 to 2.6 million the other firms report. Healthy, not booming. Landlords who quote the headline number are overstating their position.

Rents between $7.53 and $7.76 per square foot put Atlanta well below Nashville and Houston for a market with better national reach than either. The Blue Ridge Connector inland port, open since May 2026 with rail to Savannah, adds a direct import route that did not exist a year ago.

Market data

What the major brokerages report.

Each firm tracks a slightly different building set, and in some markets a different metric, so the figures differ. We show all of them rather than average them, because an average of three different definitions describes nothing. Where the spread matters to a negotiation, we say so above.

FirmQuarterVacancyAsking rentNet absorptionUnder construction
CBRE
cbre.com
Q2 20268.2% direct$7.76 NNN+2.6M sq. ft.9.4M sq. ft. pipeline
Colliers
colliers.com
Q2 20269.0%n/a+4.5M sq. ft.n/a
Cushman & Wakefield
cushmanwakefield.com
Q2 20267.7% direct$7.53 per sq. ft.+2.1M sq. ft.7.3M sq. ft.
Logistics profile

Reach, infrastructure, and labor.

Submarkets

Where the buildings are.

I-85 South / Airport

Fairburn, Union City, Palmetto and the area south of Hartsfield-Jackson. The big-box core, with the CSX Fairburn intermodal terminal.

I-20 West

Douglasville, Lithia Springs and Villa Rica. Large-format distribution with the Norfolk Southern Austell terminal nearby.

Northeast / I-85 North

Braselton, Jefferson and the Gainesville corridor. The newest construction in the metro, the electric vehicle supply chain, and the Blue Ridge Connector inland port.

Northwest / I-75

Cartersville, Adairsville and Bartow County. Manufacturing and distribution reaching Chattanooga and the Tennessee Valley.

South / I-75

McDonough, Locust Grove and Henry County. Regional distribution for the Southeast at lower rents than the airport corridor.

Who we represent here

The operations that choose Atlanta.

Southeast regional distributionE-commerce fulfillmentElectric vehicle and battery supply chainConsumer productsFood and beverage3PL and contract logistics

We represent tenants and buyers only. No landlord listings in Atlanta, so every building in the market is a candidate and every negotiation is on your side of the table. See the operations we serve.

Related markets

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