It’s been great to hear that the Metro Atlanta industrial
real estate market has continued it’s slow but steady recovery into the first
quarter of 2013.
I think most people
were fairly pleased with absorption and activity figures for the end of 2012,
however, it seemed like there was still a great deal of skepticism as to
whether or not the positive trend would continue into 2013.
Now it’s looking like we can let our hopes
get a little higher and be more optimistic about seeing a full recovery!
Total net absorption in the
Atlanta industrial real estate market was
672,123 square feet in the first quarter.
The three hottest markets for absorption and their share of the total
market figure for absorption are as follows:
I-20 West/Fulton Industrial = 40.7%
I-85/985/316 = 16.7%
Northwest = 14.1%
*Also worth noting was the I-85 Northeast market with 13.2%
of total absorption.
Sim Doughtie states in our latest quarterly Point of
View, “We have turned the corner on the worst market we have ever
experienced in the Atlanta
industrial arena.” How confident do you
feel that the positive trend we are seeing now will continue?
Allison Evans
Associate
King Industrial Realty
Posts
No comments:
Post a Comment