Buford | Duluth | Suwanee

Gwinnett County, GA

GET TO KNOW THE BUFORD / DULUTH / SUWANEE AREA

The Duluth/Suwanee/Buford Submarket has many attributes that make it attractive to industrial and distribution companies. Duluth Suwanee Buford has direct access to I-85 and the Norfolk Southern Railroad allowing tenants and building owners to send product up and down the east cost. The I 85 North corridor has access to the nearby affluent populations of North Fulton and Gwinnett.

Construction activity has picked up in recent years, and Buford is adding over 3,000,000 sq ft of warehouse space in 2019, leasing has been strong enough to keep vacancy rates below 5%, due to an expanding logistics market. Rent growth continues to grow and with average net lease rates of $6.30 psf according to Costar.

INDUSTRIAL STATISTICS FOR THE BUFORD / DULUTH / SUWANEE MARKET

As Published by CoStar

  • 12 Month Deliveries: 267,000 Sq Ft
  • 12 Month Net Absorption: 1,800,000 Sq Ft
  • Vacancy Rate: 3.70%
  • Rent Growth: 6.80%
  • Market Rent: $6.38 per Sq Ft
  • Estimated Total Sq Ft: 53,607,000 Sq Ft