| 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. |
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