Spiller's experience identifying sites for Kellogg Co., which is planning a regional distribution center in Atlanta, also confirms the big-box theory. The flip side of so many sites to choose from is an increasing vacancy rate in Henry and Clayton counties, the land of the big boxes. King said vacancies in the South Atlanta submarket have jumped to 23 percent, but it will only take two or three deals to bring the market back in line. Stache said he was impressed that several of the larger deals in the market appear to be close to landing. Trammell Crow's Wood lands in the middle.
Deal flow seems to be rather healthy.
Ellis has some particular concerns over competition from second-generation and sublease space taking a bite out of leasing at new buildings. Wood said it may take two or three months, maybe even six months, to get over the hump but demand will be there. King said Atlanta's reputation as a regional distribution hub is increasing, and there isn't much that could derail the city's progress. Atlanta will be one of the mega-distribution centers. Earliest info on new businesses, homeowners Sales Prospecting Center Real info, real opportunities.