No Gloom, Just Boom
May 09,2016
The Atlanta ZIP code, 30363, was recently ranked number 10 among America’s ‘Top 10 Boom Towns,’ according to Realtor.com. The improving local economy is fueling new construction, lower vacancy and higher rents in the area. Millennials are also a large part of this improving economy. The 30363 encompasses Midtown and West Midtown, an area known for Atlantic Station (our home), Home Park and its recent and successful developments. Neighborhoods included on the ‘Boom Town’ list are experiencing a vast amount of construction, job creation and housing market growth. The rise of millennial employees has encouraged companies to relocate or remain in the Buckhead, Midtown or Downtown Atlanta vicinities. Integra Realty’s Office Market Report indicates an increase in market rents by two percent over the last year. Office buildings located in Buckhead and the Central Perimeter area have increased their asking rents above $30.00 per square foot. Integra Realty anticipates Central Perimeter,...
Atlanta’s Real Estate Development: From Our View – Downtown, Midtown, West Midtown and Buckhead
Jul 31,2015
In the not-so-distant past, you could look out the window of any mid or high rise in Atlanta and have a view unimpeded by construction cranes. Thankfully, those days (at least for now) are over. From our offices in Atlantic Station, we have a panoramic view of Atlanta and are watching with interest the growing number of cranes around the area that signal real estate development. Many of our real estate developer clients are driving new projects and we’re excited about the continued prospects for real estate investment. “So many areas of Atlanta are experiencing remarkable development ,” said Joe Foltz, a partner at Womble Carlyle Sandridge & Rice LLP. “Avenues of Buckhead is taking shape with tenants taking occupancy.  Ponce City Market, Krog Street Market in the Old Fourth Ward and Inman Park have become highly desirable destinations for retail and dining and chic locations for residential. However, the renaissance of...

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