Atlanta, as the most populated Southeastern US metropolitan area, has been one of the key beneficiaries of the SunBelt migration movement. As a result of this, industrial real estate in an overarching sense, and storage facilities of multiple types, have seen increased investment and development demand. Within the self storage space, currently 1.4 Million sf is in the active development pipeline. Atlanta is one of the largest cold storage markets in the country, with 10 Million sf of product currently, and a strong agricultural and food processing ecosystem supporting the market. Within the industrial outdoor storage sector, the market has seen national firms targeting investments locally, as the once niche sector attracts institutional level attention.

As the market continues to grow, there is investment potential and a need for new product across these subareas of the industrial sector, though they are not without specific headwinds. A rising sense of NIMBYISM, zoning and entitlement hurdles have made new development more complex within this ecosystem. While demand is high and continuing to rise, new construction activity has already taken notice. Join Bisnow, and our assembled panelists, as we plan to detail how firms are overcoming pressing issues and realizing investment opportunity within the storage landscape locally to better position you for your next deal.