Category Archives: Office

Is Class B the New Go-to Atlanta Play as Class A Vanishes?

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Atlanta-skylineWith Class A office rents in Atlanta climbing and the amount of available space in the asset class dwindling, the city’s Class B office sector could be poised for a strong uptick over the next two years. That’s the word from JLL Senior Vice President Adam Viente in a guest post for the Atlanta Business Chronicle’s… Read More

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Mike Sivewright Speaks with GlobeSt.com About Atlanta’s Growing CRE Markets

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Siverwright Mike_2014_4x6GlobeSt.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:

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“A Lot of Momentum”: Atlanta’s Improved Office Market and Growing Urbanization Focus of Forecast Breakfast

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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

Metro-Wide Rent Growth Characterizes Atlanta’s Improving Office Market in Fourth-Quarter

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Screen Shot 2015-01-19 at 10.16.10 AMIn 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

JLL Assisting Mercedes-Benz USA’s Move to Atlanta

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Screen Shot 2015-01-07 at 1.29.09 PMMercedes-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

Managing our assets in Georgia: A different view

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Jeremy B. Becker, VP & Associate Dir., Public Institutions, JLL Atlanta

Jeremy B. Becker, VP & Associate Dir., Public Institutions, JLL Atlanta

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

Who likes Atlanta? Canadian investors!

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Opportunity AheadGlobal 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