NREI talked with North American Properties’ Managing Partner Mark Toro about the transformation of mixed-use property Atlantic Station in midtown Atlanta. Source: Turnaround Artistry: North American Properties’ New Atlantic Station | Expert Q&As content from National Real Estate Investor
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Read MoreIndustrious Shows Growing Importance of Shared Office Spaces in Atlanta – Atlanta Business Chronicle
The rise of the shared office spaces is endemic to the start-up frenzy. Co-working spaces, incubators and “you-name-it” sharing arrangements abound nationally and have been multiplying in Atlanta at an astonishing pace. Perhaps they’ve been late pushing into Atlanta due to the southeast’s dearth of venture capital funding relative to other regions. As described in Eliot Brown’s excellent WSJ article WeWork’s…
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For class A space, the trophy buildings with the top amenities, vacancy fell to 15.2 percent, the lowest mark since 2001. One analyst said, “We’ve never seen this little spec development at this point in a recovery before.” Source: Atlanta’s office building owners see lowest vacancy since 2008 – Atlanta Business Chronicle
Read MoreBy Collin Kelley Following the success of its Krog Street Market project in Inman Park, Paces Properties is turning its attention to another property – the old Atlanta Dairies site on Memorial Drive in Reynoldstown. INtown photographer Isadora Pennington got an exclusive look inside the property for this feature, so be sure to check out…
Read MoreTenant demand for commercial real estate rebounded strongly in the second quarter of 2015 prompting rental rates to rise in more than 70 percent of the United States, according to commercial real estate firm DTZ. Source: Report: Atlanta a Top 10 strongest market in demand for office space – Atlanta Business Chronicle
Read MoreAtlantic Station chosen as location for new innovation center. The tool and equipment maker is said to have picked Atlantic Station for what could be a 6,000-square-foot R&D center, sources said. Source: Black & Decker to put innovation center in Midtown – Atlanta Business Chronicle
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The following message was sent by Roussan C. Francois inviting stakeholders to Promenade Park on June 23rd, at 8 AM to discuss the improvement of the Cascade Rd @ I-285 Interchange: The Fulton County Department of Public Works/General Services- Transportation Division is conducting a scoping study of the Cascade Road at I285 interchange. The study…
Read MoreThe tiny house movement has been gaining momentum with hipsters and retirees alike. Now the creative classes’ enthusiasm for well built and highly functioning small spaces is trickling into work spaces as refurbished shipping containers. These aren’t your average … Source: Atlanta’s Boxcar Offices | Small Work Spaces With A Killer View – Hypepotamus
Read MoreNow that we have comfortably transitioned into the second quarter, let’s have a quick recap of the market forecast from the first quarter. Jones Lang Lasalle notes that declining vacancy rates and higher rents for office space in Atlanta have translated into fewer options for tenants and more opportunities for investors. In the past few months,…
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