With 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
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
Excerpt by Ian Ritter, GlobeSt.com Read the Full Story
There isn’t a whole lot of new commercial real estate development taking place anywhere in the country, and the retail sector is no exception.
However, the Atlanta area is proving to be the exception, and John Bemis, Executive Vice President and Retail market lead in Atlanta and the Southeast for JLL shared that the city is seeing new projects… Read More
By Faron Thompson, International Director, Capital Markets, JLL Atlanta
As the economic recovery gains momentum, commercial real estate investors are rediscovering Atlanta. Atlanta’s return to the limelight is akin to a baseball team’s late-inning rally. In the earlier stages of the economic recovery, domestic and international investors favored the 24-hour gateway cities of the U.S., such as New York, Washington, D.C., and San Francisco. More recently, investors… Read More