Medical Office Demand To Continue Strong As Healthcare Chases Rooftops, By Jarred Schenke, Bisnow
“Maybe there is one trade-off for Metro Atlanta experiencing the worst flu season in almost a decade. Demand for medical office space is as strong as it has been in years. More than 630K SF of medical office space was absorbed in 2017, including nearly 200K SF in the fourth quarter alone.”
Atlanta Retail Landlords See Strengthening Fundamentals, By Jarred Schenke, Bisnow
“Something funny happened on the way to Atlanta’s retail apocalypse. The vacancy rate in Metro Atlanta is now at the lowest level since before the Great Recession. Atlanta’s retail real estate market has defied the drumbeat of national retailer bankruptcies and closings and continued to shore up empty space during the year. More than 2.6M SF of retail space was absorbed by tenants during the year, with leasing activity well over 1M SF each quarter since 2008.”
How the Amenities Multifamily Properties Offer are Evolving with Technology, By Bendix Anderson, National Real Estate Investor
“Technology that make new connections to equipment that residents already use may be among the next offerings multifamily residents expect. Technology companies are rolling out new products that carry a promise of making a real difference for multifamily residents. ‘We are probably on the cusp,’ says Rick Haughey, vice president for industry and technology initiatives for the National Multifamily Housing Council.”
Economy Watch: Office Absorption Posts Strong ’17, By D.C. Stribling, Commercial Property Executive
“Vacancy declined in a variety of markets, and top metros posted significant gains in rental rates, Transwestern reports.”
Retail Shows Surprising Resilience: IRR Report, By Scott Baltic, Commercial Property Executive
“Despite retailer bankruptcies and the onslaught of e-commerce, the retail real estate sector in most markets is in reasonably good shape, the analysis concludes. The latest Annual Retail Report from Integra Realty Resources is notably upbeat about retail real estate, a sector that has, by many accounts, taken the worst drubbing of any major commercial real estate product type in recent years.”
Former Beltline Partnership leader opening farm, restaurant in Atlanta this month, By Yvonne Zusel, Atlanta Journal Constitution
“Chuck Meadows — who previously served as a Metro of Atlanta Chamber vice president and executive director of the Atlanta Beltline Partnership, among other positions — is set to open Jim Adams Farm & Table and Jim Adams Farms this month. Jim Adams Farm & Table is gearing up for a a planned Feb. 21 opening in a Bolton Village storefront in the Riverside community. A counter-service kitchen will serve seasonal dishes made with produce grown at Jim Adams Farms, from a menu designed by a team of executive chefs. Offerings will include house-made soups, salads and sandwiches served with from-scratch sauces and dressings will be made in-house.”