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Atlanta & Southeast  + Georgia  + Industrial  | 
Savannah was among the largest big-box warehouse growth markets in North America in 2022

Atlanta, Savannah Among North America’s Top Big-Box Warehouse Growth Markets

Two Georgia cities were among the largest big-box warehouse growth markets in North America in 2022, according to a new report from CBRE. Savannah ranked second at a 12.3-percent yearly growth while Atlanta ranked 10th with 5.5-percent growth.

Driven by container activity from the Port of Savannah, lease transactions there doubled to a record 11.6 million square feet. Savannah has 72 million square feet of warehouse space with 0.9-percent direct vacancy rate. An additional 25.6 million square feet is under construction, with 37 percent preleased.

Atlanta is adding 38.1 million square feet to its current inventory of 366 million square feet of big-box warehouse space. Nearly 15 percent of inventory coming online is preleased.  

Industrial facilities had record-low vacancy rates and unprecedented rent growth last year. Demand was driven by serving markets with growing populations, modernizing space for automation, and improving supply chain resilience.

Read More News Stories About: CBRE
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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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