Metro Atlanta Industrial Leasing Hits Record High
Third-quarter leasing reached an all-time high of 22.2M square feet, driven by manufacturers and large logistics tenants.
Updated on Nov. 6, 2026 in Commercial
Live Poll
Is your area's economy getting better as new factories and warehouses arrive?
Metro Atlanta industrial landlords recorded record leasing activity in the third quarter, with net absorption reaching 6.7M square feet, more than double the second quarter. TikTok, Google and Nike each leased 1M square feet during the period.
Why it matters
Industrial landlords are fielding increased demand from manufacturers and companies that service them, as U.S. manufacturers accelerate output amid rising demand for metal and electronic products. The surge points to sustained expansion of warehouse and industrial space across the state.
Metro Atlanta industrial space under construction rose to nearly 13M square feet, a 105% increase year-over-year, with 17 new warehouse projects totaling 4.2M square feet begun in the third quarter. Whether this pipeline fully converts to delivered space on schedule has not been addressed.
The players
CBRE
A global commercial real estate services firm that tracks leasing and market trends across major U.S. metros.
Prologis
The world's largest industrial real estate company, which publishes research on warehouse and data center demand.
Audi
The German automaker, a subsidiary of the Volkswagen Group, whose planned $4B factory in Georgia would expand its U.S. manufacturing footprint.
The details
Genuine Parts leased 825K square feet at the Great Valley Commerce Center off Interstate 75, and Siemens leased 772K square feet at Jackson 85 Distribution Center. CBRE said big-box tenants in third-party logistics, automotive supply chain and infrastructure spaces are driving the activity, and over two-thirds of tenants in Logistics Property Co. developments in Covington and the I-95 corridor are manufacturers.
Timeline
In 2025, tariff uncertainty caused tenants to put requirements on hold.
In the third quarter of 2026, record leasing activity was recorded and 17 new warehouse projects began.
In October 2026, Audi announced plans for a $4B factory in the middle of Georgia.
Industry Dynamics
Link Logistics projects that U.S. manufacturing investment will generate an additional 140M square feet of warehouse demand nationally. The Metro Atlanta surge is a regional instance of that broader manufacturing-driven pattern.
For Georgia businesses and workers, sustained warehouse and manufacturing expansion means more industrial jobs and more competition for logistics space. Companies seeking to lease industrial property in the state may face tighter availability as demand outpaces new supply.
The takeaway
Manufacturing investment is shaping demand for industrial space across Georgia, and businesses tracking commercial real estate should watch leasing and construction pipelines closely. The current pace suggests that industrial property will remain a central part of the state's commercial market.
Further reading
For more on commercial property trends, see Commercial real estate coverage across the state.
Source note: This article includes information reported by Bisnow.
Live Poll
Is your area's economy getting better as new factories and warehouses arrive?
