Savannah Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, JLL, Colliers
Quarterly industrial market indicators for Savannah, aggregated by CREhunt from Cushman & Wakefield, JLL, Colliers. As of Q2 2026, average asking rent was $12.05/SF/yr and vacancy was 10.5%, per Cushman & Wakefield.
Projected current industrial pricing — Savannah
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Savannah industrial yet, so this applies the typical cap rate across comparable industrial markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q2 2026 Cushman & Wakefield asking-rent data (benchmark cap rate 5.5%–7.5%, asking rent held flat). Assumes ~90% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Cushman & Wakefield | $12.05/SF/yr | 10.5% | -107K SF | — | Cushman & Wakefield |
| Q1 2026 JLL | $7.05/SF/yr | 9.8% | 1.8M SF | — | JLL |
| Q4 2025 Colliers | — | 10.0% | 959K SF | — | Colliers |
| Q2 2024 Cushman & Wakefield | $6.54/SF/yr | 7.9% | 6.6M SF | — | Cushman & Wakefield |
| Q4 2023 Cushman & Wakefield | $6.89/SF/yr | 7.0% | 15.6M SF | — | Cushman & Wakefield |
| Q1 2022 Colliers | — | 0.8% | 3.1M SF | — | Colliers |
| Q4 2019 Cushman & Wakefield | — | 1.2% | 5.0M SF | — | Cushman & Wakefield |
| Q4 2018 Cushman & Wakefield | $4.98/SF/yr | 0.5% | 3.1M SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for industrial space in Savannah?
- As of Q2 2026, the average asking rent for industrial space in Savannah was $12.05/SF/yr, per Cushman & Wakefield.
- What is the industrial vacancy rate in Savannah?
- The industrial vacancy rate in Savannah was 10.5% as of Q2 2026 (Cushman & Wakefield).
- Where does CREhunt's Savannah market data come from?
- This report aggregates quarterly industrial market data for Savannah from Cushman & Wakefield, JLL, Colliers.