Metro Atlanta industrial landlords are sailing toward another year of record absorption as companies increase their leasing activity. The wind in the sails, this time, is more than just tenants building out their e-commerce delivery networks. Companies also are taking on extra storage space after the coronavirus pandemic exposed a weakness in the just-in-time delivery model that kept inventories razor thin.
“Just-in-time is a great concept, but when you have shocks to the system like we have, you also realize that lean inventories can cost you sales,” said Lisa Ward, the managing director of Atlanta-based industrial developer Core5 Industrial Partners.Tenants leased… Read the full story here. |