JLL hosted its annual Forecast Breakfast on February 1st. The event featured keynote speakers Patty Heyda and David Gramble, authors of Rebuilding the American City: Design and Strategy for the 21st Century Urban Core. The event also hosted a roundtable discussion with Heyda, Gramble and AJ Robinson, President of Central Atlanta Progress and Heather Aldaheff, Program Management Officer with City… Read More
As banks continue to recover from the last financial crisis, they also face heightened regulation, potential for security breaches and a squeeze on expenses. This is having a major impact on their real estate decisions, says a JLL’s new North American Banking and Finance Outlook. While banks still represent the largest occupiers of trophy Class A office space in most cities, the financial services industry is changing its office and retail footprints. Banks… 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
For a whole range of reasons, metro Atlanta could experience a wave of new data center development in the coming years, write JLL Atlanta’s Mike Dolan and Ryan Fetz in a new guest post for Data Center Knowledge’s Industry Perspectives blog.
Here is a key excerpt:
The Atlanta metro area is appealing to data center owners and developers for a variety of reasons, including:
Reasonable land costs and a low overall cost of doing business.
Low natural disaster… Read More
As the Great Recession and its grisly aftermath fade ever further into the rear-view mirror, Atlanta’s office market is experiencing the soothing effects of higher-than-average job growth and a dramatic spike in its Class A rents. At the same time, the metro area’s embrace of urban, mixed-use development continues to strengthen.
Those were some of the takeaways of JLL Atlanta’s 2015 Real Estate Forecast Breakfast, held Thursday… Read More
Want to get a sense of how the construction of SunTrust Park, the Atlanta Braves’ new stadium in Cobb County, is unfolding? Then check out the video below, which features impressive, sweeping footage shot from a drone (and which also features the JLL logo at the beginning).
JLL is serving as the project manager for the construction of SunTrust Park, which will open at the start of the 2017 season, as well as… Read More
In at least one respect, 2014 was a decidedly unusual year for the metro Atlanta office market. Not known for noticeable rent growth — its Class A asking rate has increased, on average, only 0.6 percent per year over the past two decades — Atlanta saw that rate spike in 2014, by 5.2… Read More
Mercedes-Benz USA is moving its corporate headquarters from Montvale, N.J., to metro Atlanta, and JLL is assisting the German luxury car maker with its relocation.
Mercedes-Benz USA will begin moving employees to Atlanta in July and will initially be located in a temporary facility in Atlanta’s Central Perimeter submarket on an interim basis. The firm is looking for a site for its… Read More
By Jeremy B. Becker, VP and Associate Director, Public Institutions, JLL Atlanta
The State of Georgia is an international business and transportation hub. We have a strong public sector and thriving pro-business climate hosting… Read More