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 MoreThe Silicon Valley investment frenzy has spurred so-called angel investors into earlier financing rounds, but there are downsides for both entrepreneur and investor. Source: For Start-Ups, How Many Angels Is Too Many? – NYTimes.com
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 MoreI could not agree more!: “What really matters in these small deals is the validity of rent rolls, of abstracting leases and reviewing inspection reports for tenant improvements,” – Jesse Keenan Source: Auction.com-Situs deal aims to move commercial property beyond local arena | Reuters
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 MoreThis sale-leaseback transaction involving a suburban office campus in New Jersey was completed at $464 per square foot, the highest /SF price of any suburban sale-leaseback transaction in the United States. The article goes on to say that AT&T sold the property in 2002 for $142 /SF but that Verizon made “a significant investment to extensively upgrade…
Read MoreCost of Business: Run an Atlanta Tech Company for $37.3M – Fun with Data – Curbed Atlanta.
Read MoreJones Lang Lasalle gives consumers a captivating insight into the Atlanta office market rental rates over the past quarter (Q4) and more importantly, where it may be going in the future. LaSalle notes that asking rates over the last two decades have increased by an average of only 0.6 percent, but in the past year…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
