Colliers’ newly released 2022 Big-Box Outlook Report listed Atlanta as one of seven core North American big-box industrial markets that drove investor demand during the pandemic last year.
Here’s why:
- On top of transacting more than $7.5 billion, Atlanta was one of four markets to post occupancy gains greater than 30 million square feet in 2021.
- For the first time in the city’s history, Atlanta’s bulk rental rate average remained above $4 per square foot and its construction pipeline for bulk warehouse reached 24 million square feet.
- Atlanta’s proximity to the Port of Savannah, the fourth-largest seaport in the country and second largest on the East Coast, continues to be a key logistical advantage fueling the market’s continued growth.
For more information on Atlanta’s big-box industrial market and its projected strength in 2022, you can read the full-length report here. Data on the city’s industrial market at large can also be found in Colliers’ just-released Q1 2022 Atlanta Industrial Market Report, here.
