Atlanta Industrial Market Report

Demographics bolster outlook. Ongoing corporate investment and population growth support a dynamic local industrial sector that ranges from major logistical operations to manufacturing and film production. The roughly 13,000 students who graduate each year from local university tech programs foster a talent pipeline that has helped bring satellite expansions from global firms such as Microsoft and Nike. New professional opportunities in turn support population growth, with the number of Atlanta residents anticipated to increase by triple the national pace this year. The potential industrial space needs from these and other firms entering the market, as well as e-commerce-related demand from more households, enhances the long-term demand prospects for the industrial sector. In the short term, however, Atlanta is still contending with a development overhang and some tenants consolidating space.