INDUSTRIAL

Industrial assets are in demand more than ever, with the increase in e-commerce fueling the need for manufacturing and shipping centers and internet growth pushing for more significant data and logistics centers. As inflation and wage costs rise, companies opt for more rural, affordable regions to house their industrial warehouses. Business-friendly metros throughout the Southeast have attracted manufacturing and logistics companies looking to expand. Capital has poured into the area as industrial assets report historic numbers regarding market pricing and vacancy rates. 

The Southeast also boasts one of the country's most robust industrial supply pipelines. A surge in leasing volume induced the need for an ample supply, often rising vacancy rates as new developments entered the market. But vacancies have continued to trend downward despite the robust construction.

Atlanta, Georgia's most populous and capital city, has become a sought-after industrial market in the U.S. The city has established itself as a regional and national distribution hub for the country’s fastest-growing Fortune 500 companies, such as Amazon, Delta, and Microsoft. The companies were motivated by the market’s robust infrastructure, strong workforce, international airport, and port access. As more businesses enter the market, competition has increased, and prices are rising rapidly. Industrial market rent rates in Atlanta outpace the national index, experiencing 12.9 percent year-over-year rent growth over the past 12 months.