ANOTHER INDUSTRIAL VIEW

Here's another take. Remember that Atlanta Commercial Board of Realtors' industrial panel last week? Well, one participant—First Industrial's Kent Mason (left)—echoed the cautious optimism of the Colliers report (noting that King Industrial saw 1.7M SF of positive absorption in 2Q). ?What's most heartening to me is seeing the smaller deals and getting the smaller deals signed,? he says. Plus, workouts with tenants—which accounted for some 40% of his leasing time only a year and so ago—are now practically unheard of. Still, Atlanta ?is clearly trailing? other major distribution markets, says Duke Realty's Chris Brown. ?I think it's  choppy waters ahead until things get really going in the economy,? Kent adds.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

After Departing Trump Admin, HUD's Former Philly Head Joins Local Planning Commission

Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

Sandy Springs Shopping Center Gets Incentives For Major Overhaul: The Atlanta Deal Sheet

Large Commercial Real Estate Sales Up 30% Despite Economic Headwinds

EXCLUSIVE: Industrial Outdoor Storage Investor Continues Buying Spree In Metro Atlanta

Chetrit Group 'Being Dissolved' As Family Turmoil Spirals

Avison Young Plans Second Major Recapitalization Since 2024

Food And Beverage Increasingly Becoming Anchor In Mixed-Use Projects

Judge Approves $70M Sale Of Philly's Largest Office Complex

Kidder Mathews Establishes First Texas Office In DFW, Adds 6 New Brokers

EXCLUSIVE: Building On Former Denver Johnson & Wales Campus To Sell For $11M