Investment into Metro Atlanta's industrial market has gone into overdrive, and there is no better piece of evidence than the sheer amount of money flowing through warehouses in the area. Roughly $5.4B worth of industrial properties centers traded hands in 2021 in the region, according to data compiled by Colliers Atlanta, more than twice the previous volume record of $2.69B, set in 2019. The surge in demand and lack of enough properties to satisfy it has driven values skyward: Metro Atlanta's industrial properties sold for a record average of $89.18 per SF last year. The price of industrial space has nearly doubled over the past five years — in 2016, properties traded at an average… Read the full story here. |