News
ATL INDUSTRIAL CATCH-UP
December 20, 2012
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| With the New Year around the corner, JLL Atlanta industrial tenant rep group VP Steve Grable sees encouraging signs for Atlanta's industrial market. While, 10 straight quarters of positive net absorption and nine quarters of declining vacancy rates lags behind other major markets, big-box transactions like the 1.04M SF Owens Corning lease, closed by JLL?s Paul Roeser, have carried the Atlanta market. Now the market is beginning to see heightened demand for smaller leases of 30k to 40k SF, and Steve is hopeful that 2013 will be the year Atlanta finally catches up with markets that have been experiencing more consistent growth (Dallas, Chicago, LA, New Jersey). Steve says only when there is greater demand across all lease sizes will Atlanta's industrial sector pick up significant momentum. For more info on our sponsor, click here. |
