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Atlanta speculative industrial construction hits lowest point in a decade

Data centers dominate market's development pipeline
QTS Realty Trust’s 1.5 million-square-foot data center in Fayetteville, Georgia, is scheduled to be completed in 2026. (CoStar)
QTS Realty Trust’s 1.5 million-square-foot data center in Fayetteville, Georgia, is scheduled to be completed in 2026. (CoStar)
Market Analysts
April 8, 2025 | 2:53 P.M.

The amount of speculative industrial space in the Atlanta area is at its lowest point in a decade as elevated interest rates and rising vacancies have led developers to exercise more caution, leading to a higher rate of preleased properties in the pipeline.

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