Norcross
Atlanta - GA USA - Industrial Submarket
Industrial real estate intelligence for the Norcross submarket. 33.6M SF of inventory with 8.6% vacancy. Data sourced from various MLS platforms.
33.6MSF
Inventory
3.8MSF
Available
8.6%
Vacancy
11.2%
Availability Rate
$12.35
Asking Rent
4.4%
Rent Growth
-723,197SF
12mo Absorption
0SF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
0.0%%
Sale Price/SF
$152
Cap Rate
6.5%%
12mo Sales Volume
$219,737,354
Sales Vol Growth
-26.0%
Asset Value
$5,119,313,180
Net Absorption
-723,197 SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| 55 Marietta Data Center | $50.0M | 403,000 | RadiusDC |
| 4905 North Point Pky | $253.0M | 185,000 | GI Partners |
| Atlanta Airport Data Center | $65.5M | 344,000 | Menlo Equities |
| Project Peach Bldg 7 | - | 250,000 | - |
| Flexential Atlanta - Norcross | $11.8M | 32,740 | Flexential |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Bldg 1000 | 3,763 | $12.50 | EQT Real Estate |
| 5200 Panola Industrial Blvd | 40,804 | $5.31 - 6.49 (Est.) | Brookfield Properties |
| 40 Perimeter Center Data Center | 88,000 | $12.47 - 15.25 (Est.) | Lincoln Property Company |
| 1001 Windward Concourse | 182,598 | $15.57 - 19.02 (Est.) | Mapletree Industrial Trust |
| 101 Aquila Way | 313,000 | $5.69 - 6.95 (Est.) | BGO |
Data Centre Development Potential
High vacancy (8.6%) in Norcross may indicate availability of conversion-ready industrial buildings for data centre development. Negative absorption of 723K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Atlanta - GA USA
Evaluating Norcross for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.