25 Feb 2021 Was IDI Logistics’ Strongest Leasing Year in Company’s History
ATLANTA (February 25, 2022) – IDI Logistics, a leading developer and manager of logistics real estate, has announced 2021 as the company’s strongest leasing year since its founding in 1989.
2021 was a record setting year for IDI in terms of volume. IDI’s six market offices leased a total of 16.2 million square feet.
Almost 6-million-square feet of new product was delivered in 2021 with 78% of that space leased by the end of the year. IDI started construction of 4.3 million square feet across almost all markets.
We acquired over 534 acres of land in 2021 for potential future developments of up to 6.5 million square feet. Land was acquired in Atlanta, Austin, Chicago, California’s Inland Empire, Cincinnati, Dallas, Houston, and Memphis. IDI has also entered new markets with land acquisitions in Seattle, Louisville, Columbus and Charlotte.
We could not have set these milestones without our strong partnerships in the industrial real estate brokerage community. Thank you, and we look forward to celebrating even more success in 2022!
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