The Resilient Resurgence: Event Businesses Make a Strong Comeback in Commercial Real Estate Post-COVID-19 by Stuart Hope 2077 Beaver Ruin Road, Norcross, GA 30071 The COVID-19 pandemic brought about unprecedented challenges for various industries, particularly the event business sector. With stringent lockdown measures and social distancing protocols in place, the events industry suffered a severe…
Read MoreAtlanta Developer John Ayers remade the former Hudgins & Co. Inc. salvage yard at 640 North Avenue NW. Source: English Avenue loft office project wraps up renovation (PICS) – Atlanta Business Chronicle This is a great project with a fantastic developer. I toured the property last month with John and really liked it…a truly authentic…
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5182 Brook Hollow Pkwy, Norcross, GA 30071 Off the Market Neighborhood: Norcross Tour Notes: Situated on I-85 at Indian Trail Road, this warehouse complex offers retail-like exposure that is very unusual for this flex product type. The available space measures +/- 6,000 SF and is very well kept. Currently utilized as a garden supply warehouse,…
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7074 Peachtree Industrial Boulevard in Norcross, GA The city of Norcross was one of my favorite places when I was growing up. It was not because of its easy access to major interstates and highways or because of its attractive and quiet little suburb feeling that is tucked away on the outskirts of Atlanta. It…
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We went inside this inside a prime Virginia-Highlands location at 798-800 N. Highland Avenue, Atlanta, Georgia to look at space for a client. Former tenants at this location include Starbucks, Ben & Jerry’s and a theater. New ownership is completely remodeling and has already signed a local bridal tenant. The front space is 1,474 SF…
Read MoreThe 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 MoreJones Lang LaSalle came out with Q1 summary of economic and real estate market conditions for metro Atlanta. The report includes key market indicators, tenant and landlord perspectives, and forecast. Click here to see JLL Atlanta Research Page. “After many years in which leverage across the market remained firmly in the tenant’s favor, bargaining conditions have…
Read MoreThe leasing process is generally complex. After labor cost, your investment in office space may be your most expensive line item and decisions you make will have an impact on your company’s profitability. The tenant representative is your guide through the process. Market knowledge is a key ingredient in which a qualified tenant representative can…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.