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

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Thor Equities Plans $1B Data Center In North Georgia: The Atlanta Deal Sheet

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Solar Projects In Georgia Meet Local Backlash As Data Centers Drive Demand For Power

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient

Sixers And Flyers Unveil Renderings Of South Philly Arena Due In 2030

The Opportunities, Limitations And Benefits Of Reserved Investor Funds