For the second consecutive quarter, Savannah leads the U.S. in terms of market share in year-to-date absorption. Meanwhile, vigorous leasing activity, a balanced construction pipeline, and expanded port operations further solidify the market as an industrial stronghold.
According to JLL’s Q3 2025 Savannah Industrial Market Dynamics, 3 million square feet of leases were signed last quarter, bringing the year-to-date total to 9 million square feet. Hyundai’s Meta Plant continues to spur additional industrial activity and investment in the market, particularly in Ellabell, which has seen over 4.3 million square feet of annual net absorption.
There are over 18 million square feet of active tenant requirements in the market, including several that are 1 million square feet in size. This tenant demand is balanced by available supply and a development pipeline that includes 4.8 million square feet of warehouse and distribution space under construction…