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Atlanta & Southeast  + Industrial  |  July 26, 2020
David Cohen
By: David Cohen

Colliers: Atlanta Industrial Market Powered by E-commerce in 2020

Atlanta’s industrial market returned to stronger absorption levels in the second quarter, with occupancy gains totaling just over 4.4 million square feet, according to Colliers International’s Q2 2020 Industrial Report for Atlanta.

Net absorption in Atlanta’s industrial market totaled 4.4 million square feet in Q2, bringing the year-to-date total to just over 4.7 million square feet. Additionally, the average industrial rent in Atlanta is nearing $5 per square foot.

Leasing activity during the quarter was dominated by Amazon, with the e-commerce giant transacting 3.7 million square feet of leases over the three-month period. Combined, Amazon and Walmart were the largest occupancies for the quarter, accounting for almost half of net absorption.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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