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Savannah Industrial Market: Fall 2023

Check out what's been happening in Savannah, Georgia's industrial market between April and June of 2023.

  • 50% of the market SF is within 5 miles of the port entrance.

  • In the last 5 years (Q3-18), Savannah's industrial market has grown 88% from 58.6 MSF to 110.4 MSF.

  • Q3 Vacancy rate 7.5% is the highest it has been since Q2-21 8.7%.

  • Net Absorption YTD tops 7.32 MSF.

  • Rental rates are up 62% in the last 5 years.

  • Bryan Co. submarket will increase in size 56% once the projects under construction are completed.

See all this and more on our Fall 2023 report, detailing Savannah's industrial market.

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