Corporate expansion and relocation has fueled job and population growth in the Atlanta area for the last several years. Investment and leasing markets remained stable throughout 2018, and are expected to remain that way.
The city offers both opportunity and affordability - giving developers incentive to invest in the city and for rents to continue to rise. The city is experiencing the highest level of construction in the current cycle, and much of the new inventory is build-to-suit, which has fueled positive absorption rates. These favorable conditions, along with the availability of capital, have maintained Atlanta as a lucrative environment for deals.
Midtown alone has several major projects coming online: North American Properties' Colony Square, Selig Enterprises's 1125 Peachtree and Landmark Properties' student housing tower, The Mark. Find out from these developers and more what their challenges have been and how these projects are impacting the greater Atlanta metro area, as well as what trends like the rise of grocery and entertainment anchored mixed-use centers are gaining traction.
For more information: Bisnow: Atlanta State of the Market 2019