Atlanta multifamily rent growth, four years after setting record, now lags behind US average
Rent growth not forecast to meet national average until 2027
After hitting a record high in 2021, annual multifamily rent growth in the Atlanta area has fallen below the U.S. average following several years of lagging demand and an increase ...
Job growth slows in Atlanta, with industrial sector taking biggest hit
Industrial-using segments lost highest share of employment over past year
While the rate of job growth in Atlanta has far outpaced the national average since early 2020, employment gains in the area slowed over the past year with the industrial sector ta...
Available industrial sublease space falls from peak in Atlanta
Fulton District has greatest share of available sublet space among larger industrial nodes
The amount of available industrial sublease space in the Atlanta market is down from its peak, with an increase in demand and competitive rents contributing to the dip.
Atlanta's suburban areas top list for multifamily development
Gwinnett County leads market in multifamily growth
While in-town areas like Midtown and Eastside have experienced an enormous amount of apartment development over the past five years, Atlanta's suburban neighborhoods rose to the to...
Multifamily vacancy in Atlanta decreases for first time in three years
Market sees record amount of positive absorption in 2024
Multifamily vacancy has decreased for the first time in three years in the Atlanta market with new developments driving much of the demand.
Georgia's oldest city has built more apartments this year than ever before
A third of new units in Savannah are in build-to-rent single-family or townhouse developments
Savannah, Georgia's multifamily construction boom over the last several years has culminated in the market's largest year for completions on record as new investment in industrial ...
Large store closures are raising Atlanta's retail vacancy rate
Big Lots is behind largest move-outs
After a 15-quarter run of more move-ins than move-outs and tightening availability, Atlanta's retail market saw a loss in occupancy in the third quarter — and the fourth quarter is...
Atlanta industrial properties surpass office and retail in total value
Total value of office buildings has declined by 18% since peak in 2022
For the first time since the early 1980s, the total value of Atlanta’s industrial properties has surpassed the value of its office buildings.
Is the Atlanta office market turning a corner?
Sector has seen increasing lease sizes and activity in recent quarters
The energy and momentum around the Atlanta office market are different from one year ago.
Medical office occupancy bucks larger sector trend in Atlanta
Single-story medical office buildings outperform multistory facilities
While Atlanta's traditional office market has experienced a significant increase in vacancies over the past four years, occupancy among the market's medical office space has remain...
Georgia a top location for state-to-state movers
Many new residents are from states with higher housing costs
Roughly 310,500 residents moved to Georgia in 2023, according to new data from the U.S. Census Bureau, as the state’s relatively low cost of living and abundant job opportunities c...
Small spaces, including shipping containers, afford local retailers a physical presence in Atlanta
Area developers respond to retail rents that have grown over 50% in past decade
Retail rent in Atlanta is still more affordable than the U.S. average, but rates have been climbing at a faster pace for several years. Market participants have noted that the sign...
Smaller office sublease space a hot commodity in Atlanta market
Sublease space over 15,000 square feet spends more than twice as long on the market
As pre-pandemic leases roll over, many office tenants in the Atlanta area are finding they require less space than in years past. That trend is also playing out in the sublease mar...
Restaurants, personal care and fitness among top tenants signing new leases in Atlanta
Services that e-commerce can’t easily replace are finding space in a tight market
With historically low retail availability, not every tenant in the Atlanta area can find their desired space. However, service-related retailers that can't be easily replicated onl...
Atlanta leads large US markets in annual industrial rent growth
Quarterly changes show pace of rent increase slowing
Atlanta has had the strongest rent growth over the past year among the 10 largest U.S. industrial markets by inventory as regional population growth, increased port activity in Sav...
Midtown Atlanta leads region in transit-oriented apartment development
Inventory near rail stations in Central Midtown will have increased by nearly 50% since 2020 once all existing multifamily projects are completed
While average rail ridership during weekday peak commute periods is still below pre-pandemic trends, multifamily developers remain optimistic about the long-term appeal of mass tra...
Despite overall rent decline, Atlanta’s older, cheaper apartments show steady increases
Carroll County and North Fulton are top areas for one- and two-star rent growth
While annual rent growth in Atlanta is at negative 1.8%, units in older, cheaper one- and two-star buildings are posting some positive growth.
Developers complete record-breaking number of Atlanta apartments
With groundbreakings slowing, Atlanta passes peak for multifamily completions
Atlanta set a new record in the second quarter with the most apartment completions in market history, though a slowdown in groundbreakings is expected to bring the number of newly ...
Available Atlanta retail space concentrated in older, lower-quality buildings
Tight retail market leaves fewer options in new buildings
Favorable demographic trends, strong demand and a lack of speculative construction have led to Atlanta's tightest retail market on record, with the majority of available space now ...
Medical buildings resilient in tough Atlanta office market
Medical office availability rate lowest on record
Reduced lease sizes and blocks of available sublet space, among other challenges, have presented ongoing concerns for the Atlanta office market. However, medical office space has p...