Category Archives: Office

Spotlight Property: 1277 Lenox Park

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JLL’s 1277 Lenox Park  is the latest feature in Buckhead’s 32 acres of activated Live/Work/Play space.

1277 sits among 1800+ rental apartments, 150 hotel rooms from Residence Inn by Marriott, and 4 single family home developments, all of which have convenient access to Buckhead, Brookhaven, and Druid Hills by way of GA-400 and/or I-85.  1277 Lenox Park… Read More

In Atlanta, Office Spotlight Shifts to Midtown

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JLL’s Director of Research Craig Van Pelt is featured in the weekly publication Real Estate Alert discussing new trends in Atlanta’s office market.

Atlanta’s Midtown district, overshadowed for years by the prestigious Buckhead neighborhood, is emerging as the city’s hottest office submarket.

“Atlanta has had a lot of suburban sprawl in the past,” said… Read More

Categories: Atlanta, JLL, Midtown, Office, Research.

Downtown Atlanta’s Resurgence

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The recent trend toward urbanization and walkability is drawing people in-town, and Downtown is certainly benefiting. With the increased momentum, many of Downtown’s most iconichurt-building buildings are experiencing a revival.

The Hurt Building, designed in 1913, recently sold for $34 million and will undergo a $4 million revamp. Plans include restoration of the original marble lobbies and a new… Read More

Categories: Atlanta, Georgia, JLL, Office.

Atlanta is one of the healthiest office markets in the world, based on the rate of rental growth in the past year, according to a study released today by JLL.

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Office rents jumped 13 percent, placing Atlanta at No. 8 in JLL’s Global Top 10 market for office growth. In JLL’s Global Office Index report, Oakland East Bay, Stockholm, Dublin and Dubai (DIFC) took the top spots for annual office rental growth, all with growth of 20 percent or more. Apart from Oakland East Bay, and… Read More

Categories: Atlanta, JLL, Office, Research.

Real Estate News Roundup

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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.

Rising Interest Rates And Commercial Real Estate: A Primer by Ely Razin of Forbes.

Key Excerpt: 

“In the short term, these higher rates may prompt concern about future rate hikes and could drive borrowers to seek refinancing now, before rates rise again. Others may wait,… Read More

Categories: JLL, Office, Research, Technology.

Real Estate News Roundup

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Each week, JLL Atlanta presents a roundup of noteworthy commercial real estate stories from a variety of industry publications. Here are five stories that recently caught our eye.

 

Tenant Improvements Key to Attracting Tomorrow’s Millennial Workforce by Michael Gerrity of World Property Journal. 

Key Excerpt:

“’Millennials are shaping how and where we work–and also how and where we shop, and even the path our packages take from ship to doorstep,’ said Todd Burns, President, JLL… Read More

Real Estate Roundup

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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.

Key Excerpt:

“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

Real Estate Roundup

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Each week, JLL Atlanta presents a roundup of noteworthy commercial real estate stories from a variety of industry publications. Here are four stories that caught our eye recently.

Student Housing REITs Horde Cash to Buy by Bendix Anderson of NREI.

 Key Excerpt:

“Student housing real estate investment trusts (REITs) are likely to start buying properties soon—as soon as more properties become available. ‘You’re going to see acquisitions heat up for REITs over… Read More

Atlanta Experiences Fastest-Growing Asking Rents for Trophy Office Space Nationwide

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The increase in asking rents for trophy space in Atlanta increased 27.3 percent over the past five quarters. That beat increases in Raleigh, North Carolina, which saw rents increase by 23.9 percent, and Oakland, California, which experienced a 15.4 percent increase in rents.

A new report from JLL also reveals Atlanta still offers some of the lowest asking rents of any office market in the country, averaging $25.80 per square foot. That’s good news for corporate recruiters.

“This is one of… Read More

Categories: Atlanta, Office.