Metro Atlanta evolved in recent years as a regional hub for distribution, warehouse and e-commerce fulfillment centers. Atlanta is situated along main interstates, rail lines and offers easy port access to Port of Savannah. Demand for large-scale warehousing projects such as Lambert Farms is stronger than ever. What can the industrial sector expect to… Read More
In its latest edition, the Atlanta Business Chronicle published renderings of the future Armour Yards project in an industrial area of Atlanta known as the Sweetwater Design District, which will be leased by JLL and developed by real estate development and investment firm Third & Urban.
JLL’s Jeff Bellamy, Brooke Dewey and Liz Koteles are the primary leasing brokers of the $75 million project, which is expected to be over 300,000 square feet when completed.… Read More
Each week, JLL Atlanta presents a roundup of noteworthy commercial real estate stories from a variety of industry publications. Here are five stories that caught our eye recently.
Economy Watch: More Challenges Ahead for Physical Retail by Dees Stribling of Commercial Property Executive.
“The nuance of the matter is that e-commerce isn’t going to threaten all retail sectors equally, or even some much at all. As destinations, many malls still… Read More
There is some good news in Atlanta as the area’s industrial market maintained its upward momentum in the first quarter.
As Mike Sivewright, JLL’s Market Director for the Atlanta region, noted, “The spigot is open for new development.”
Based on recent activity, the market does not appear worried about oversupply, and tenant requirements remain considerable. The increased tenant demand is manifesting itself in a demand for bigger and newer spaces, and this is resulting in an increase… Read More
Atlanta’s industrial real estate sector enjoyed a robust 2014, and the Port of Savannah is an important reason why. JLL’s Steve Grable explores the effect of the port, which is currently undergoing an expansion, in a new guest post on CREW Atlanta’s blog.
Here’s a key excerpt:
At December’s end, industrial vacancy rate stood at 8.7 percent, the lowest rate in… Read More
Atlanta’s industrial market is in the midst of a vibrant recovery, and 2015 could be “a record-breaking year” for the sector in the metro area.
Those were two of the conclusions to be drawn from JLL Atlanta’s Industrial Landscape breakfast, held Thursday morning at the Mandarin Oriental hotel in Buckhead. The event featured the… Read More
GlobeSt.com has published a three-part Q&A with JLL’s Atlanta Market Director Mike Sivewright. The wide-ranging interview explores the health of all the commercial real estate sectors in Atlanta and also details the overall state of the metro Atlanta economy.
Below are a few key excerpts:
GlobeSt.com: Let’s take a deeper look at Atlanta’s recovering office market. Are we still recovering or is the market actually growing now?
Sivewright:… Read More
As 2014 winds down, it’s clear Atlanta’s industrial real estate market has regained its footing, with vacancies dropping and spec development returning. Furthermore, the sector is poised for further improvement in the year ahead. That’s the word from JLL’s Wit Truitt in a guest blog post he penned for the Atlanta Business Chronicle. Here’s a key
Global investors are increasingly targeting the United States for commercial real estate investment.
And with the U.S.’ high level of real estate transparency—which gives non-U.S. investors clear insights into the differences they may encounter when transacting, owning, and operating in foreign markets—secondary U.S. markets like Atlanta will likely continue to see increasing amounts of investment.
Canadian Firms Explore ATL
Metro Atlanta has recently generated significant interest from foreign… Read More
by Steve Grable, SVP, Industrial Services, JLL Atlanta
The United States is an import-export powerhouse. But as goods flow through our largest ports and the Panama Canal nears completion, fundamental changes are driving multimodal and supply chain strategies and forcing logistics/operations changes:
- The … Read More