Parts Town Unlimited Signs 538,450 SF Industrial Lease in Pendergrass, Georgia
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Atlanta multifamily concessions have started to compress in the Inner Perimeter, and industrial demand along the I-85 corridor remains durable. Office bifurcation is pronounced. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
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On the RET wire
- The 41st Atlanta story tracked on the wire in August 2026. All Atlanta coverage →
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PENDERGRASS, GA. — Parts Town Unlimited has signed a 538,450-square-foot, full-building lease at Jackson 85 North Business Park in Pendergrass, about 57 miles northeast of Atlanta via I-85. The owner is a joint ventur…
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