Atlanta industrial market signals shift toward equilibrium
Atlanta’s industrial market continued to stabilize in Q4 2025, with vacancy ticking down 40 basis points (bps) quarter over quarter to 10.1% after remaining relatively unchanged throughout the year. While vacancy remains elevated 320 bps above the five-year quarterly average of 6.9%, the slowing pace of vacancy growth signals that the market is leveling out following a prolonged period of expansion. Asking rents continued to rise, reaching a new high of $7.11 per square foot (psf), up 2.5% year over year and 67.3% compared to five years ago, though growth has moderated compared to the sharp escalations seen in prior years.