JLL’s 2016 Mid-Year Perspective was released last week, providing in-depth insight of the economic statuses, demographic scope and real estate landscape of one of America’s largest metros. Atlanta is spotlighted as one of the fastest growing metros while keeping costs down.
With thorough research and valuable insight into the Atlanta market, JLL’s Perspective encompasses information from each of Atlanta’s sub-markets and stretches across industries. Perspective provides a detailed look into the state of the corporate market and its effect on local and national economics.
The city of Atlanta has created over 370, 000 new jobs since 2011 benefiting from strong corporate growth. This places the city’s unemployment at an historical low and has provided more opportunities for those looking to develop start-ups or begin their careers.
As the employment rate increases and more companies move into the metro area, a window of opportunity has opened for tenants and landlords alike. Buckhead, Midtown, Northwest, North Fulton, and Central Perimeter are all peaking markets while Northeast & Downtown, Northlake and South & West Atlanta are currently still rising markets with plenty of opportunities for tenants.
This year’s mid-year Perspective includes area specific demographic and sub-market statistics for the Atlanta markets to assist tenants and landlords navigate through the remainder of 2016. You are able to request your copy of the Perspective online HERE.