The industrial market in Atlanta remains on solid footing, but the metro's speculative supply pipeline, coupled with uncertainty caused by the coronavirus pandemic, could lead to a softening in market conditions in the coming quarters. Atlanta is home to one of the largest speculative supply pipelines in the nation, and submarkets in the southern part of the metro will bear the brunt of the current supply wave. However, after a slowdown in leasing activity immediately following the onset of the coronavirus pandemic in mid-March, leasing volume has surged over the past few weeks, driven by a few major leases by Amazon. Even if absorption does slow over the next few quarters, vacancies should remain below Atlanta's long-term historical average.