Atlanta Industrial Market Report
Atlanta Industrial a Bright Spot Due to Position as One of Nation’s Most Important Distribution Hubs
Reliance on logistics compensates for challenges elsewhere. Although job losses were significant after shutdowns last year, the ongoing need for warehousing space both within metro Atlanta and throughout the Southeast provides a crutch for the economy. The market’s vast rail and intermodal network serves as the primary hub for the Port of Savannah, which recorded a 4 percent rise in TEUs last year. The demand for workers within this industry has pushed overall payrolls in wholesale trade to within 1,000 positions of the pre-pandemic level. In the coming months, vaccinations will open up additional jobs in the market, supporting tenant demand for warehousing and distribution space that services local businesses.