by Calculated Risk on 7/24/2008 12:59:00 PM

From the Atlanta Journal-Constitution: Industrial, commercial development planned for Buford (hat tip Justin)

Just 198,450 square feet of industrial space is currently under construction in the northeast Atlanta market, which includes Gwinnett, according to CoStar Group, a real estate tracking firm.

That area hasn't seen anything less than 2 million square feet under construction at any one time in the last two years, said Richard Poland, a CoStar analyst.

"It's just a screeching halt on construction," he said.

The CRE bust is here.