BACK IN BLACK

s that positive absorption we see? Yep, metro industrial landlords came out of the red in 2010, according to Colliers International data. And that's a huge change for Atlanta's industrial market, which wasbleeding for two consecutive years prior to that.
 
The industrial market finished the year with 919K SF in positive absorption. And the turn-around is even more remarkableconsidering Atlanta started Q1 2010 with more than 2M SF of negative net absorption. ?Overall, when I look at everything, there just weren't as many move-outs as there were in previous years,? says Colliers' Scott Amoson. Scott tells us that some big users' sales—including Boles Part Supply and Medline—helped with bigabsorption gains. And Scott expects industrial to continue to be in positive territory in 2011. ?It's going to be modest, but by mid-year we'll know how much positive absorption we'll be having.?

Continue reading this story with a free account

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

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

What's At Stake For CRE In Tuesday's U.S. Midterm

Dan Wagner To Head Lee & Associates In Atlanta: The Atlanta Deal Sheet

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

Georgia's Utility Board Race Could Reshape Nearly 20 GW Pipeline Of Data Centers

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Auto Retailer Completes Hennessy Acquisition: The Atlanta Deal Sheet

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC